Raisin Bank
| Raisin Bank Public Company | |
|---|---|
|
|
| Country |
 Germany
|
| Seat | Frankfurt am Main |
| legal form | Corporation |
| Bank code | 503 302 00 |
| BIC | MHBF DEFF XXX |
| founding | 1973 |
| Website | www.raisin.bank |
| Business data 2017 | |
| Total assets | 412.9 million euros |
| Customer credit | 0.9 million euros |
| Employee | 27 |
| management | |
| Board | Reiner Guthier Uwe Lüders |
| Supervisory board | Frank Freund (Chairman) |
The Raisin Bank AG is a German CRR bank based in Frankfurt am Main . The company with a full banking license specializes in corporate customers and acts as a cooperation partner for third-party companies.
Foundation and development
The Raisin Bank was founded in 1973 by the Hessische Landesbank and the Polish bank Handlowy under the name Mitteleuropean Handelsbank AG Deutsch-Polnische Bank in Frankfurt am Main . The German credit institute operates primarily as a service provider in the business-to-business area and operated under the name MHB-Bank. Since 2005, the bank was a subsidiary of the US investment company Lone Star . In March 2019 it became known that Raisin GmbH, based in Berlin (owner of the Weltsparen brand ), had taken over the bank. In August 2019, the name was changed to Raisin Bank
Services
Raisin Bank acts in the area of service banking, in particular in the area of credit and loan portfolio servicing. The bank is also active as a cooperation partner for various companies, here with a special focus on FinTechs. In the lending business, Raisin Bank AG supports its partners as a fronting bank throughout the entire process, from new loan issuance to renewal and interest rate and condition adjustments to restructuring. The bank acts here as a trustee or as a sub-participant. The so-called EU passport gives you the opportunity to work with foreign customers in the EU economic area. Under the transaction banking service point, Raisin Bank offers its customers account management and payment transaction services for Germany and abroad.
Among other things, Raisin Bank AG cooperates with the online platform Weltsparen , through which it has been possible since the end of 2013 to invest money in European banks at a generally higher interest rate than in Germany.
Deposits at Raisin Bank up to an amount of 100,000 euros per person are subject to security by the Compensation Scheme of German Banks (EdB).
Web links
- Raisin Bank AG website
- Raisin Bank in BaFin's corporate database
Individual evidence
- ↑ a b Master data of the credit institute at the Deutsche Bundesbank
- ↑ Annual financial statements as of December 31, 2017 in the Federal Gazette
- ↑ Katharina Schneider: Expansion in Europe: Fintech Weltsparen buys MHB-Bank - and with it the banking license. In: Handelsblatt . March 7, 2019, accessed May 12, 2019 .
- ↑ Raisin Bank: Change of name: MHB is now called Raisin Bank. August 28, 2019. Retrieved August 28, 2019 .
- ↑ Weltsparen: https://www.weltsparen.de/presse/mhb-bank-wird-zur-raisin-bank/ MHB-Bank becomes Raisin Bank , as of August 28, 2019, accessed on August 28, 2019.
- ↑ Dirk Eilinghoff, Josefine Lietzau: Weltsparen mediates fixed-term deposits with high interest rates . In: Finanztip , as of May 28, 2019, accessed on June 13, 2019.
Coordinates: 50 ° 6 ′ 53.7 " N , 8 ° 38 ′ 56.6" E