Hanseatic Bank GmbH & Co KG is a Hamburg-based bank specializing in consumer credit, deposit-taking, real-estate financing, and factoring. It offers credit cards, personal loans, and insurance services. The bank targets consumers and businesses, particularly those within the Otto Group. Its unique selling proposition lies in its innovative credit card services and partnerships with major retailers like Otto Versand. Owned by Societe Generale (75%) and Otto Group (25%), Hanseatic Bank provides personalized financial solutions, leveraging its long-standing consumer credit expertise[1][2][3].