Targobank, S.A. was established in 1993 under the name Banco Popular Hipotecario SA. Targobank is owned by Banco Popular Espanol (50%) and French financial group Crédit Mutuel (50%). Targobank provides retail banking and insurance services mainly to natural persons and small- and medium-sized enterprises.
In 2018 total assets of Targobank, S.A. were 2 621,40 mln EUR. In 2018 the bank's net income was -19,69 mln EUR.
Targobank, S.A. participates in the deposit guarantee scheme of Spain. This deposit guarantee scheme applies to credit balances on accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Targobank, S.A. is a member of Fondo de Garantía de Depósitos de Entidades de Crédito (FGD) and makes its contributions into it.
Targobank, S.A. is a member of Crédit Mutuel (France).
Targobank, S.A. is headquartered in Madrid.