Targobank

Targobank AG (stylized as TARGOBANK) is a bank operating in Germany, headquartered in Düsseldorf, with its customer service centre in Duisburg. Since 2008 it is part of the French Crédit Mutuel Alliance Féderale banking group. Until 1991, it operated under the name Kundenkreditbank, and from then until 2010, it traded as Citibank Privatkunden AG & Co. KGaA. With around 3.8 million customers (as of 2024), the bank is among the major providers of retail, business, and corporate banking services in Germany and operates 340 branches in over 250 cities across the country. It was initially active in the retail banking sector. Since its acquisition in 2008 by Crédit Mutuel Alliance Féderale, the institution has increasingly developed into a universal bank.