Founded 1926, Königsberg, Germany | ||
 | ||
CEO Pascal Laugel (1 Jan 2016–) Profiles | ||
Targobank (formerly Citibank, Germany) is the German retail banking arm of Crédit Mutuel.
Contents
History
In December 2008 Citibank sold its German branch to Crédit Mutuel. It formally changed its name to "Targobank", a generic term, preceding significant re-structuring according to Crédit Mutuel standards and ideals. Crédit mutuel is a major cooperative bank with French and German roots.
Sponsorship
Targobank took over the sponsorship deal with Werder Bremen which was started by Citibank, after a transition message of "So geht Bank heute" ("That's how today's banking goes").
References
Targobank Wikipedia(Text) CC BY-SA