Germany · Credit institution
Targobank AG
TARGOBANK AG is a German stock corporation (Aktiengesellschaft) with its seat in Düsseldorf. It belongs to Crédit Mutuel Alliance Fédérale through the holding company TARGO Deutschland GmbH, a subsidiary of Banque Fédérative du Crédit Mutuel. The bank serves private, business and corporate customers in Germany, with consumer credit, accounts, cards, savings, securities, factoring, leasing and corporate lending. Its origins date back to 1926. Crédit Mutuel acquired the bank from Citigroup in December 2008, and it was renamed from Citibank Privatkunden AG & Co. KGaA in February 2010.
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
- TARGOBANK AG
- Entity type
- Credit institution
- Supervised group (ECB)
- Confédération Nationale du Crédit Mutuel
- Why significant
- Size (Total assets EUR 500-1,000 bn)
European registers
ECB · monetary financial institutions
List as at 2026-09-25
- Category
- Credit institution
- Minimum reserves
- Subject to minimum reserves
- Listed as
- TARGOBANK AG
- RIAD code
- DE03288
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) | 1961-07-10 | 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
- CMCIDEDDXXX 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 CMCIDEDD directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SCT Inst · SDD Core · VOP · T2 · TIPS
- Branch codes
- 2 branch codes
- BIC first registered
- 2010-04-03
- Last updated
- 2018-05-27
Overview
Researched 29 Sep 2026 · Sources
- Standing
- The bank has traded as TARGOBANK since 22 February 2010, when Citibank Privatkunden AG & Co. KGaA was renamed. It became a stock corporation under HRB 83351 on 27 April 2018, when TARGOBANK AG & Co. KGaA (HRB 48380) changed its legal form.
- Ownership
- The bank is held through TARGO Deutschland GmbH, Düsseldorf, a subsidiary of Banque Fédérative du Crédit Mutuel within Crédit Mutuel Alliance Fédérale, and it has a domination and profit-transfer agreement with TARGO Deutschland GmbH.
- Direct parent
- TARGO Deutschland GmbH, Germany
- Ultimate owner
- Confédération Nationale du Crédit Mutuel, France
- Head office
- Kasernenstr. 10, 40213 Düsseldorf, Germany
- Company register
- HRB 83351, Amtsgericht Düsseldorf
- Former names
- TARGOBANK AG & Co. KGaA · Citibank Privatkunden AG & Co. KGaA · Citibank Privatkunden AG · KKB Kundenkreditbank Deutsche Haushaltsbank KGaA
Business lines
According to its website, the core business is private customers: accounts and cards, loans, savings, securities and insurance distribution. Business and corporate lines add a car-dealer bank (Autobank), corporate banking, and factoring and leasing through subsidiaries.
Online
- Websites & references
- targobank.de ↗
cib.targobank.de ↗ Corporate & Institutional Banking site
jobs.targobank.de ↗ careers site
targobank-magazin.de ↗ customer magazine and press releases
Wikipedia ↗
Wikidata Q1455437 ↗ - Official social accounts
- LinkedIn ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · XING ↗
Sources · 12 pages consulted
- targobank.de/de/impressum/index.html
- targobank.de/de/ueber-uns/vorstand/index.html
- targobank.de/de/ueber-uns/targobank/index.html
- targobank.de/de/ueber-uns/geschichte/index.html
- targobank.de/de/ueber-uns/newsroom/index.html
- targobank.de
- targobank.de/de/service/zahlungsverkehr/index.html
- targobank.de/de/download/Preisubersicht.pdf
- creditmutuel.fr/en/alliancefederale/media/our-press-releases/CMAF-completes-the-acquisition-of-OLB.html
- olb.de/presse/presseinfo-260105-christophe-jehan-neuer-ceo
- online-handelsregister.de/handelsregisterauszug/nw/Duesseldorf/HRB/83351/TARGOBANK-AG
- en.wikipedia.org/wiki/Targobank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Isabelle Chevelard
Vorstandsvorsitzende (Chair of the Management Board; also responsible for finance)
- Chair
- René Dangel Vorsitzender des Aufsichtsrates (Chair of the Supervisory Board)
- Executive
-
Maria Topaler
Vorstand Risikomanagement (Management Board member, Risk Management)
- Executive
-
Berthold Rüsing
Vorstand Firmenkunden (Management Board member, Business Customers)
- Executive
-
Marco Voosen
Vorstand Corporate Banking (Management Board member, Corporate Banking)
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- European Union
- European Central Bank Prudential supervisor
- Germany
- Federal Financial Supervisory Authority (BaFin) Prudential supervisorAML supervisorConductSecuritiesResolution
- Germany
- Deutsche Bundesbank Central bankPrudential supervisor
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
Deputy CEO Christophe Jéhan left the bank's Management Board and became CEO of Oldenburgische Landesbank AG from 2 January 2026.
olb.de ↗ -
Merger / acquisition
TARGO Deutschland GmbH, the bank's parent holding company, completed the acquisition of 100% of Oldenburgische Landesbank AG on 2 January 2026.
creditmutuel.fr ↗ -
Merger / acquisition
Crédit Mutuel Alliance Fédérale announced an agreement to acquire Oldenburgische Landesbank AG through TARGO Deutschland GmbH.
globenewswire.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
- CMCIDEDDXXX
- How the BIC breaks down
- CMCIBank
- DECountry · Germany
- DDLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 529900DSJ4S9VXG0FS94
- 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 30020900
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)
- No MIC registered under this LEI 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
- 1926
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
- Direct parent
- Banque Federative du Credit Mutuel · FranceVBHFXSYT7OG62HNT8T76 ↗
- Ultimate parent
- Confederation Nationale Credit Mutuel · France9695000CG7B84NLR5984 ↗
The Confederation Nationale Credit Mutuel group has 41 institutions in the directory, in 13 countries: 38 hold a BIC and 3 do not.
Including Credit Mutuel Arkea, Banque Federative du Credit Mutuel, Banque Federative du Credit Mutuel, Credit Industriel et Commercial, Credit Industriel et Commercial, New York Branch.
See the Confederation Nationale Credit Mutuel group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- KASERNENSTRASSE 10 DUESSELDORF 40213 GERMANY
- Operational address
- KASERNENSTRASSE 10 DUESSELDORF 40213 DUESSELDORF 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>CMCIDEDDXXX</BICFI>
<ClrSysMmbId>
<ClrSysId>
<Cd>DEBLZ</Cd>
</ClrSysId>
<MmbId>30020900</MmbId>
</ClrSysMmbId>
<LEI>529900DSJ4S9VXG0FS94</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>CMCIDEDDXXX</BICFI>
<ClrSysMmbId>
<ClrSysId>
<Cd>DEBLZ</Cd>
</ClrSysId>
<MmbId>30020900</MmbId>
</ClrSysMmbId>
<LEI>529900DSJ4S9VXG0FS94</LEI>
<Nm>TARGOBANK AG</Nm>
<PstlAdr>
<TwnNm>DUESSELDORF</TwnNm>
<Ctry>DE</Ctry>
<AdrLine>KASERNENSTRASSE 10 DUESSELDORF 40213</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 | 2019-11-26 | Head office | — |
| SEPA Direct Debit CoreISO 20022 messages | 2011-02-07 | Head office | — |
| Verification of Payee | 2025-07-26 | 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.
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 |
|---|---|---|---|
| 30020900 | CMCIDEDDXXX | TARGOBANK | Düsseldorf |
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.
Network
Branch network
All 2 branch BICs connect to the head office. They are all in Duesseldorf, and no function or registration year splits them further.
Hover over a branch or group to see its details
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| CMCIDEDDDOT | DONATION | Duesseldorf | KASERNENSTRASSE 10 DUESSELDORF 40213 DUESSELDORF GERMANY | — | 2023-09-02 |
| CMCIDEDDSEC | TARGET2-SECURITIES | Duesseldorf | KASERNENSTRASSE 10 DUESSELDORF 40213 DUESSELDORF GERMANY | — | 2023-09-02 |
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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: Unknown author Unknown author · Public domain · Wikimedia Commons · original; Isabelle Chevelard: targobank.de (official website) · original; Maria Topaler: targobank.de (official website) · original; Berthold Rüsing: targobank.de (official website) · original; Marco Voosen: targobank.de (official website) · original.
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