CRONBANK AG

Business Focus

direct retail banking

Founded in 1998, CRONBANK is a young, innovative bank, operating as a direct bank, without brick-and-mortar branches. CRONBANK provides retail and corporate banking products and services to individuals and business clients.

Services

retail banking
corporate banking
insurance

Clients

natural persons
businesses

Area Served

DEGermany

Products

current accounts
savings accounts
time deposit accounts
business current accounts
business loans
project financing

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of CRONBANK AG can be done in a few steps:

1.
Completely online
2.
Account is ready within a few minutes

Due to regulatory requirements CRONBANK AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual CRONBANK AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients CRONBANK AG will ask to provide corporate documentation as well as information about controlling persons. CRONBANK AG may request additional documentation or information depending on the case. Account opening procedure is usually completed within a few minutes.

Ways to Bank

CRONBANK AG delivers its products and services via direct (online) channels only, namely:
online banking
mobile app

Financials

Total Assets of CRONBANK AG
Net_income of CRONBANK AG
Market Share of CRONBANK AG
Total Assets (2018)
658.80 mln EUR  (+10.31%)
Net Income (2018)
3.16 mln EUR  (+9.12%)

CRONBANK AG is the 837th largest bank in Germany in terms of total assets. In 2018 its total assets were 658,80 mln EUR, providing the bank with the market share of 0.01%. In 2018 the bank's net income was 3,16 mln EUR.

Deposit Guarantee

Guarantee Fund
Entschädigungseinrichtung deutscher Banken GmbH (EdB)Entschädigungseinrichtung deutscher Banken GmbH (EdB)
Protected Amount
up to 100,000 EUR
Eligible Depositors
individuals
companies
Covered Accounts
all deposit accounts

CRONBANK AG participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. CRONBANK AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.

Contacts

Frankfurter Straße 155, 63303, Dreieich, Germany
102263

CRONBANK AG is headquartered in Dreieich.

Bank Identifiers

BIC (SWIFT)
GENODE51CRO
LEI
529900EKHINI3PE9J144
MFI ID
DE05680