CRONBANK Aktiengesellschaft products, services and reviews

About CRONBANK Aktiengesellschaft

CRONBANK Aktiengesellschaft is a German credit institution that focuses on services for commercial clients, particularly small and mid-sized enterprises and trading-oriented businesses. The bank offers business current accounts, payment services including SEPA credit transfers and direct debits, and corporate financing such as working capital facilities and investment loans; terms are individually agreed based on credit assessment and collateral. It operates as a stock corporation under German law and is supervised by the Federal Financial Supervisory Authority (BaFin) and the Deutsche Bundesbank. Eligible deposits are protected up to 100,000 euros per depositor under the German statutory deposit guarantee in line with EU rules. Access is primarily via direct channels and online banking with strong customer authentication under PSD2; there is no broad branch network. Pricing is set out in a published price and service list, with fees for account maintenance, payments, and other services, and interest conditions disclosed in pre-contractual information and standard terms. Onboarding follows German know-your-customer and anti-money-laundering requirements. The product range is oriented to corporate needs—payment processing, liquidity management, and financing—rather than broad retail offerings typical of universal banks. Borrowers should review covenants, collateral arrangements, and variable-rate exposure, and depositors should be aware that coverage above the statutory limit is not provided by law. Financial statements are published in accordance with German regulatory requirements and provide information on capitalization, liquidity, and risk management.