Varengold Bank AG is the st largest bank in Germany in terms of total assets. In its total assets were ,93 mln EUR, providing the bank with the market share of %. In the bank's net income was ,43 mln EUR.4/5(4). 11/10/ · DGAP-News: Varengold Bank AG / Key word(s): 9 Month figures/Miscellaneous / The issuer is solely responsible for the content of this announcement. EBT increases by 28% compared to the previous period despite the pandemic and risk provisioning Commission fees are once again the main driver of increased revenues Management . About. Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and a nominal GDP of US$ trillion. Varengold finances Schiedsrichter England Wales growth of fintech companies and provides them with products requiring a banking license fronting services. Retrieved 14 August Views Read Edit View history. InVarengold was granted a credit institution license by the then Federal Banking Supervisory Office Bundesaufsichtsamt für das Kreditwesen. Company Information Name:. Spielhalle Regensburg bank also has a customer base for trade finance transactions e. Retrieved 27 March Do you work in the DIFC? HamburgGermany. Processing of Special Categories of Personal Data:. Subscribe We will keep you informed on the items that matter to you most. Wir unterstützen FinTechs bei Markteintritt, Skalierung und Regulatorik. Schnell, technologiegetrieben und lösungsorientiert. Furthermore, in its core business area Marketplace Banking, Varengold Bank AG managed to expand its Fronting Services offering as planned. In addition, the pandemic did not deter the bank from. Varengold Bank AG, previously known as Varengold Wertpapierhandelsbank AG, is a Germany-based private bank and provider of asset management services. It serves both retail customers and business clients. For retail customers, it provides saving deposits. Varengold Bank AG company facts, information and financial ratios from MarketWatch. Year founded. Company Size.

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Varengold Bank 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 , EUR per bank per depositor.

Business Focus asset management. Total Assets Net Income ,, Protected Amount up to , EUR. Varengold finances the growth of fintech companies and provides them with products requiring a banking license fronting services.

The bank also has a customer base for trade finance transactions e. Varengold was founded in by Yasin Sebastian Qureshi and Timur Coban as an asset management boutique.

In , Varengold was granted a credit institution license by the then Federal Banking Supervisory Office Bundesaufsichtsamt für das Kreditwesen.

In June Varengold was granted a license as a deposit-taking bank. Since 20 March , the Varengold shares have been listed in the unofficial market of the Frankfurt Stock Exchange in the Entry Standard market segment.

The Varengold investment subsidiary was involved in cum-ex transactions. As of , possible claims in the high double-digit millions still burden the bank's balance sheets.

The public prosecutor's office in Cologne is investigating the former responsible persons from Varengold due to a particularly serious case of tax evasion.