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GRENKE BANK AG

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Corporate brand

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German online bank for private and business customers, part of the grenke Group.

Last updated September 11, 2026

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Overview

grenke Bank AG is part of the grenke Konzern, whose companies are represented in over 30 countries. Its headquarters are in Baden-Baden, Germany, and it employs over 100 people. The Germany-wide online bank offers deposit business for private customers as well as business account models and flexible financing. In February 2009, grenke AG acquired Hesse Newman Bank and renamed it grenke Bank, creating the possibility to integrate deposit business into its product offering during the financial crisis.

History

In February 2009, grenke AG acquired Hesse Newman Bank and renamed it grenke Bank. This gave grenke the possibility, in the middle of the financial crisis, to integrate deposit business into its product offering.

Products and positioning

Online bank emphasizing speed, flexibility, trust, security and reliability.

  • Festgeld (fixed-term deposit)

    Fixed-term deposit accounts with terms from 6 to 60 months, free account management and an automatically included call money account.

  • Tagesgeld (call money)

    Call money account offering attractive interest rates, flexibility and the security of a German bank.

  • Geschäftskonto (business account)

    Business account models providing all important functions of modern banking quickly and simply.

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