Germany · Credit institution
Hamburg Commercial Bank AG
Hamburg Commercial Bank AG is a German stock corporation (Aktiengesellschaft) with its head office in Hamburg. It was formed in 2003 as HSH Nordbank AG through the merger of Hamburgische Landesbank and Landesbank Schleswig-Holstein. The federal states of Hamburg and Schleswig-Holstein sold it to private investors in 2018, and it took its current name in February 2019. Funds linked to Cerberus Capital Management and J.C. Flowers & Co. are its largest shareholders. It describes itself as a private commercial bank that finances German and European companies, with lending focused on corporates, real estate, shipping and project finance.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers. It is on the ECB list of supervised entities (see Regulatory status): that is banking supervision, not a licence on a tracked register.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Regulatory status
ECB banking supervision
List of supervised entities as of 2026-07-01
- Classification
- Significant institution
- Supervisor
- European Central Bank (direct supervision)
- Listed as
- Hamburg Commercial Bank AG
- Entity type
- Credit institution
- Supervisory group
- Heads its own group
- Why significant
- Size (Total assets EUR 30-50 bn)
European registers
ECB · monetary financial institutions
List as at 2026-09-25
- Category
- Credit institution
- Minimum reserves
- Subject to minimum reserves
- Listed as
- Hamburg Commercial Bank AG
- RIAD code
- DE05749
ESMA · MiFID II register
Register as at 2026-09-28
| Entry | Competent authority | Authorised | Services or instruments |
|---|---|---|---|
| Investment services (MiFID II) | Federal Financial Supervisory Authority (BaFin) | 2003-05-27 | A1 A2 A3 A4 A5 A6 A7 |
Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning.
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- HSHNDEHHXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under HSHNDEHH directly.
- Swift GPI
- Live member
- Payment schemes and systems
- SCT · SCT Inst · SDD Core · SDD B2B · VOP · T2 · TIPS
- Branch codes
- None: head-office BIC only
- Other BIC with this LEI
- HSHNLULB
- BIC first registered
- 2003-09-06
- Last updated
- 2019-02-12
Overview
Researched 29 Sep 2026 · Sources
Ownership
Privately held
Institution type
Commercial bank
Trades as HCOB
- Standing
- Renamed from HSH Nordbank AG on 4 February 2019, following its sale to private investors in 2018. Retail deposits are taken under the brand Hamburg Direct Bank, launched in March 2026.
- Ownership
- Funds initiated by Cerberus Capital Management hold 39.3% and a fund advised by J.C. Flowers & Co. holds 32.5%; GoldenTree (11.7%), Centaurus Capital (7.0%), BAWAG P.S.K. (2.3%) and current and former board members and senior managers (7.1%) hold the rest.
- Major shareholders
- Funds initiated by Cerberus Capital Management, L.P. 39.3% · 20 Aug 2026
Fund advised by J.C. Flowers & Co. LLC 32.5% · 20 Aug 2026
Fund initiated by GoldenTree Asset Management LP 11.7% · 20 Aug 2026
Centaurus Capital LP 7% · 20 Aug 2026
Members of the Board and senior management of the bank (active and inactive) 7.1% · 20 Aug 2026 - Head office
- Gerhart-Hauptmann-Platz 50, 20095 Hamburg, Germany
- Company register
- HRB 87366, Amtsgericht Hamburg
- Former name
- HSH Nordbank AG
Business lines
Lending is split into four segments (real estate with a German focus, shipping, project finance and corporates), alongside payments and foreign-trade services; retail business is limited to call money and term deposits under the Hamburg Direct Bank brand.
Online
- Websites & references
- hcob-bank.com ↗
hamburg-direct-bank.de ↗ Hamburg Direct Bank retail deposit brand
hcob-bank.de ↗ alternative domain
Wikipedia ↗
Wikidata Q464676 ↗ - Official social accounts
- None found
Sources · 13 pages consulted
- hcob-bank.com/en/media/interim-report-as-at-30-june-2026/
- hcob-bank.com/en/media/hcob-factsheet-h1-2026-en-final/
- hcob-bank.com/en/about-us/the-company/organizational_structure/
- hcob-bank.com/en/investor-relations/publications/
- hcob-bank.com/impressum/
- hcob-bank.com/en/
- hcob-bank.com/en/press-release/hamburg-commercial-bank-ensures-management-board-continuity-through-earl
- hcob-bank.com/en/press-release/luc-popelier-becomes-new-ceo-of-hamburg-commercial-bank-2/
- hcob-bank.com/en/press-release/hamburg-commercial-bank-launches-retail-deposit-business-under-new-hambu
- hcob-bank.com/en/press-release/hamburg-commercial-bank-sells-aviation-portfolio-to-deutsche-bank/
- hamburg-direct-bank.de/impressum/
- bloomberg.com/news/articles/2026-09-10/centerbridge-backed-aareal-bank-studies-hcob-acquisition
- en.wikipedia.org/wiki/Hamburg_Commercial_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Luc Popelier Chief Executive Officer
- Chair
- Paulus A. M. de Wilt Chair of the Supervisory Board
- Chief financial officer
- Marc Ziegner Chief Financial Officer and Deputy CEO
- Executive
- Reinout van Riel Chief Risk Officer
- Executive
- Jens Thiele Chief Investment Officer
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- European Union
- European Central Bank Prudential supervisor
- Germany
- Federal Financial Supervisory Authority (BaFin) Prudential supervisorAML supervisorConductResolution
- Germany
- Deutsche Bundesbank Central bankOther
- European Union
- Single Resolution Board Resolution
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
Bloomberg reported that Aareal Bank was in talks about a possible acquisition of the bank, while its shareholders worked with advisers on a sale.
bloomberg.com ↗ -
Investigation
The bank's interim report stated that a Cologne Public Prosecutor's Office investigation, open since April 2018, into dividend-record-date share trades by former staff was ongoing.
hcob-bank.com ↗ -
Other
The bank began taking retail call money and term deposits in Germany under the new digital brand Hamburg Direct Bank.
hcob-bank.com ↗ -
Leadership
Reinout van Riel became Chief Risk Officer and Jens Thiele Chief Investment Officer, replacing Ulrik Lackschewitz and Christopher Brody, who left on 31 December 2025.
hcob-bank.com ↗ -
Other
The bank agreed to sell its aviation finance portfolio of performing loans, about USD 450 million, to Deutsche Bank.
hcob-bank.com ↗ -
Leadership
Luc Popelier became Chief Executive Officer, succeeding interim CEO Ulrik Lackschewitz.
hcob-bank.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- HSHNDEHHXXX
- How the BIC breaks down
- HSHNBank
- DECountry · Germany
- HHLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- TUKDD90GPC79G1KOE162
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
- National bank code
- Bankleitzahl 21050000
Profile
- Type
- Credit institutionListed as a credit institution, or a branch of one, on the ECB’s list of supervised entities, or named as a bank on the Financial Stability Board’s G-SIB list, directly or as a G-SIB’s main operating bank. These are the only bank lists the directory tracks so far.
- Regulation
- Prudentially supervised (ECB list)Prudentially supervised, according to the ECB list of supervised entities (as at 2026-07-01). This is banking supervision, not a licence on a tracked register.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Germany · Europe & Central Asia
- Banking supervision
- Significant · supervised by the ECB as of 2026-07-01
- Trading venues (MIC)
- Operates MIC NORD list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 2003
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
The Hamburg Commercial Bank AG group has 3 institutions in the directory, in 2 countries: all hold a BIC.
Including Hcob Securities S.A..
See the Hamburg Commercial Bank AG group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- GERHART- HAUPTMANN- PLATZ 50 HAMBURG 20095 10-28-20 GERMANY
- Operational address
- GERHART - HAUPTMANN - PLATZ 50 HAMBURG 20095 HAMBURG GERMANY
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI and its DEBLZ clearing code
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>HSHNDEHHXXX</BICFI>
<ClrSysMmbId>
<ClrSysId>
<Cd>DEBLZ</Cd>
</ClrSysId>
<MmbId>21050000</MmbId>
</ClrSysMmbId>
<LEI>TUKDD90GPC79G1KOE162</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>HSHNDEHHXXX</BICFI>
<ClrSysMmbId>
<ClrSysId>
<Cd>DEBLZ</Cd>
</ClrSysId>
<MmbId>21050000</MmbId>
</ClrSysMmbId>
<LEI>TUKDD90GPC79G1KOE162</LEI>
<Nm>HAMBURG COMMERCIAL BANK AG</Nm>
<PstlAdr>
<TwnNm>HAMBURG</TwnNm>
<Ctry>DE</Ctry>
<AdrLine>GERHART- HAUPTMANN- PLATZ 50 HAMBURG 20095 10-28-20</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2008-01-28 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2023-07-04 | Head office | — |
| SEPA Direct Debit CoreISO 20022 messages | 2009-11-02 | Head office | — |
| SEPA Direct Debit Business-to-BusinessISO 20022 messages | 2013-06-03 | Head office | — |
| Verification of Payee | 2025-06-25 | Head office | — |
| T2 (Eurosystem real-time gross settlement)ISO 20022 messages | — | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. The T2 list names direct participants only and gives no joining date. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
Market identifiers
One trading venue or reporting service run under this LEI list of 2026-09-17
| MIC | Market | Kind | Category |
|---|---|---|---|
| NORD | HSH NORDBANK | Operating MIC | Systematic internaliser |
National bank codes
Bankleitzahl · Germany
1 code valid until 2026-12-06 · ISO 20022 clearing system code DEBLZ
| Code | Routes to BIC | Name in the national file | City |
|---|---|---|---|
| 21050000 | HSHNDEHHXXX | Hamburg Commercial Bank | Hamburg |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of T2 participants. Source: European Central Bank, List of TIPS participants and reachable parties.
- Banking supervision—Source: European Central Bank, list of supervised entities.
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- National bank codes—Germany (Quelle: Deutsche Bundesbank).
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Hamburg Commercial Bank · Public domain · Wikimedia Commons · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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