Evangelische Bank

What Evangelische Bank does

Evangelische Bank eG is a German cooperative bank headquartered in Kassel, founded in 1969, that serves three customer segments: Protestant church institutions (parishes, church districts, church-related bodies), the Diakonie healthcare and social-economy sector (care homes, hospitals, disability services, welfare foundations), and private retail customers seeking values-aligned banking. Its offering spans lending (€5.8 billion customer loan volume at year-end 2025), deposits (Girokonto, Tagesgeld, Festgeld), sustainable asset management under the EB WertePortfolio brand across defensive, balanced, and dynamic risk profiles (€22.3 billion managed customer volume at year-end 2025), construction financing, and insurance mediation as an unbound §34d GewO intermediary distributing R+V Versicherung products.

The bank's technology stack is largely partner-provided: core banking infrastructure, the EB Online-Banking portal, the EB-Banking App, the MyBanking App, and the PSD2-compliant XS2A interface (Berlin Group NextGen v1.2) are delivered through Atruvia AG. Value-added features include Wero mobile payments (instant P2P transfers, QR-code collection, shared-expense splitting), OCR-driven invoice upload via Gini GmbH, co-browsing for advisory sessions, an EB-Finanzportal for institutional treasury and account management, a LoyJoy-powered chatbot, and Dynatrace-based application performance monitoring. The bank has held EMASplus certification since 2011 and works with MSCI ESG Research to screen investments across its sustainable product range.

Revenue is generated through net interest income on institutional and retail lending, recurring asset-management and fund fees (including Union Investment fund distribution), embedded insurance commissions from R+V intermediation, and transactional banking fees from a 60,000+ customer base. Distribution is hybrid: dedicated relationship managers and advisory branches (Beratungsfilialen) serve institutional clients, while private customers are served primarily through online and mobile banking channels. Marketing combines content, social media (Facebook, Instagram, LinkedIn, YouTube, XING), paid digital advertising, podcasts, and deep community engagement within the Protestant and Diakonie ecosystem. Leadership comprises Thomas Katzenmayer as Vorstandsvorsitzender (CEO) and Olaf Kreuzberg as member of the Vorstand.

Name

Evangelische Bank

Legal name

Evangelische Bank eG

Website

https://eb.de

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

251–500 employees

Short description

Evangelische Bank eG is a German cooperative bank in Kassel serving Protestant church institutions, Diakonie healthcare and social-economy organizations, and private retail customers with sustainable lending, deposits, ESG-screened asset management, digital banking, and insurance mediation.

Ownership category

akta.pro rank

Product category

Cooperative Banking / Sustainable Banking

NAICS

Commercial Banking (522110), Commercial Banking (52211), Credit Unions (522130)

SIC

National Commercial Banks (6021), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Bank Connectivity & Channels (Host-to-host, SWIFT, APIs, EB portals) (FSABAIAF)

akta.pro secondary industries

Account & Balance Services (Operating accounts, statements, eBAM) (FSABAIAD), Open Banking, Account Aggregation & Payment Initiation APIs (BPAMAFAJ)

Keywords

• Cooperative banking services
• Sustainable investment management
• Church institutional financing
• Ethical banking solutions
• Social economy lending

Headquarters

HQ city

Kassel

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income: The bank generates primary revenue through interest income from lending to institutional clients (church, healthcare, social economy) and private customers. Customer loan volume of 5.8 billion EUR as of year-end 2025.
2. Asset Management and Investment Services: Management of customer assets (22.3 billion EUR managed volume as of year-end 2025) including the EB WertePortfolio (sustainable investment portfolio), individual financial portfolio management, and fund solutions in partnership with Union Investment. Fees are generated through management and performance fees.
3. Insurance Distribution: As an unbound insurance intermediary under §34d GewO, the bank mediates R+V Versicherung products and earns commission on successful mediations. Commission is included in the insurance premium paid by customers.
4. Deposit Taking and Savings Products: Accepts deposits from private and institutional customers through current accounts (Girokonto), time deposits (Tagesgeld), and fixed-term deposits (Festgeld).

Go-to-market motion1 record

Distribution channels7 records

Marketing channels12 records

Core offering

Evangelische Bank eG is a German cooperative bank that delivers sustainable banking services to Protestant church institutions, the healthcare and social economy (Diakonie) sector, and private customers. Its core offering spans lending (€5.8 billion customer loan volume as of 31.12.2025), deposit-taking (current accounts, Tagesgeld, Festgeld), sustainable asset management through the EB WertePortfolio (€22.3 billion managed customer volume as of 31.12.2025), Baufinanzierung, and insurance mediation in partnership with R+V Versicherung. Customers access these services through Online-Banking, the EB-Banking App and MyBanking App, advisory branches, and dedicated relationship managers.

Product overview

Evangelische Bank offers a comprehensive digital banking platform serving both private customers and institutional clients (churches, healthcare and social economy organizations). The core offering includes the EB-Banking App and EB-Finanzportal for digital banking, with the Wero mobile payment function integrated via the MyBanking App. Value-added services include the EB WertePortfolio (ethical investment management in Defensiv/Ausgewogen/Dynamisch variants), the EB-MehrWert loyalty program, Self-Services for online account management, savings products (Tagesgeld/Festgeld), and specialized financing/investment solutions for institutional customers. The bank serves over 60,000 customers with a customer credit volume of €5.8 billion and managed customer volume of €22.3 billion as of December 31, 2025.

Differentiator

Problem solved

Functional benefit

Brands

• EB WertePortfolio: A values-based investment portfolio product offered to both private and institutional customers with sustainable investment focus.
• EB-MehrWert-Programm
• Wero

Products and services

• EB WertePortfolio SFDR Article 8-compliant discretionary investment portfolio management service offered in three risk profiles (Defensiv/Conservative, Ausgewogen/Balanced, Dynamisch/Growth) for private and institutional customers, with portfolios screened through MSCI ESG Research against the bank's ethical and ecological criteria.
• EB-Finanzportal Institutional online banking portal providing digital account management, financial tools and self-service functions for church, healthcare and social-economy clients; has replaced ProfiCash for many institutional customers.
• EB-Banking App Mobile banking app for iOS and Android enabling customers to manage accounts, perform transfers, administer cards and use bank self-services from mobile devices.
• MyBanking App Mobile banking app providing account management and integrated access to the Wero mobile payment function for instant account-to-account transfers.
• Wero Mobile payment capability enabling instant account-to-account money transfers via the MyBanking App, QR codes or shareable payment links, with built-in expense splitting for shared costs.
• Online-Banking Web-based digital banking platform providing account management, transfers, card management, self-service functions and access to financial tools for private and institutional customers.
• EB-MehrWert-Programm Customer loyalty program in which customers set financial goals, earn stars when reaching them, and redeem stars for benefits from the bank.
• Tagesgeld und Festgeld Online savings products combining a daily-call deposit account (Tagesgeld) and a fixed-term deposit account (Festgeld), available to both private and institutional customers via the bank's digital channels.
• Girokonto (Current Account) Private and institutional current account product serving as the foundation for daily banking, payment transactions and access to additional EB services.
• Baufinanzierung (Construction Financing) Mortgage and construction financing for private customers and institutional clients, including specialized property financing for care homes, parish buildings and other social-economy real estate.
• Insurance Mediation (R+V Versicherung) Insurance intermediation service operating as an unbound insurance intermediary (§34d GewO) through a distribution partnership with R+V Versicherung AG, offering life, health and property-casualty policies to private and institutional customers, with embedded commission in the insurance premium.
• Investment Fund Solutions (Union Investment) Fund-based investment solutions distributed in partnership with Union Investment, including SFDR Articles 3, 4 and 8-compliant sustainable funds for private and institutional customers.
• Institutional Financing & Financial Management Specialized project financing, innovation solutions, digitalization support and working capital management advisory for institutional clients in the church, healthcare and social-economy sectors.

Quantifiable outcome

• 22.3 billion EUR in managed customer volume (2025)
• +4 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature7 records

Partnerships

Five partnerships are on record, tiered core and minor.

• R+V Versicherung AGcoreChannel Partner/ Reseller/ DistributorThe Evangelische Bank acts as an unbound insurance intermediary (Versicherungsvermittler nach §34d Abs. 7 Satz 1 Nummer 1 GewO) distributing R+V Versicherung products. The bank provides insurance advisory and mediation services, receiving commission on successful policy sales embedded in the insurance premium. The partnership covers life, health, and property insurance for church and social economy clients.
• Union InvestmentcoreChannel Partner/ Reseller/ DistributorFund solutions provider for the bank's investment product range. The EB offers Union Investment fund products as part of its sustainable investment offering, including articles 3, 4, and 8 SFDR-compliant fund solutions for both private and institutional clients. Union Investment is referenced in the bank's mandatory SFDR disclosure documentation.
• Atruvia AGcoreTechnology or IntegrationTechnical service provider powering the bank's core banking infrastructure, online banking platform, mobile apps, and PSD2 XS2A interface. The Berlin Group NextGen Spezifikation Version 1.2 XS2A implementation is delivered through Atruvia. The bank relies on Atruvia for all digital banking technology including the EB-Finanzportal.
• MSCI ESG ResearchcoreStrategic or Co-development PartnerStrategic ESG research and rating partnership. MSCI ESG Research provides sustainability ratings and research used by the bank to screen investments, manage ESG risks, and ensure portfolio alignment with the bank's sustainability standards across all EB WertePortfolio products.
• GENO-BrokerminorChannel Partner/ Reseller/ DistributorThird-party broker platform accessible through the bank's website, enabling customers to access a wider range of financial products. The bank's contract revocation page links to the GENO-Broker for transactions originated through that channel.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• DKB AG (Deutsche Kreditbank): One of Germany's largest direct/digital banks and a major broad incumbent competing with Evangelische Bank for value-conscious retail private customers and digital banking accounts across the German market.
• ING-DiBa AG: Large German direct bank with a nationwide retail franchise and broad product suite (current accounts, savings, brokerage, lending) - significant broad incumbent competitor for Evangelische Bank's private customer segment.
• Sparkassen-Finanzgruppe (German savings banks): Germany's dominant public-sector savings bank group with nationwide municipal presence, providing current accounts, savings, lending, and institutional banking that overlaps with Evangelische Bank's private and institutional offerings.
• Volksbanken und Raiffeisenbanken (cooperative banking group): Germany's nationwide cooperative banking network with thousands of local Volksbank/Raiffeisenbank members, sharing the cooperative (eG) structure with Evangelische Bank while operating across all retail and commercial segments.

Direct peers

• Liga Bank eG: Faith-based German cooperative bank focused on Catholic church workers and the social economy, with similar institutional customer base, ESG-aligned offerings, and cooperative ownership structure as Evangelische Bank.
• GLS Bank eG: Germany's largest sustainable/ethical cooperative bank, providing deposits, lending, and investment products to private and institutional customers with a values-aligned mandate. Direct peer in the German values-based cooperative banking space.
• Steyler Bank GmbH: Faith-based Catholic mission bank in Germany serving missionary institutions and church-affiliated organizations with banking and asset management services; niche cooperative-style competitor in the church-banking segment.
• KD-Bank eG (Bank für Kirche und Diakonie): German cooperative bank serving Protestant church institutions and Diakonie welfare organizations with banking, financing, and asset management - the closest functional analog to Evangelische Bank in its target segments and institutional structure.
• DKM Darlehnskasse Münster eG: German cooperative bank for Catholic institutions, religious orders, and church-affiliated organizations - comparable specialist cooperative model targeting an institutional religious customer base parallel to Evangelische Bank.
• Pax-Bank eG: Cooperative bank for Catholic church, Caritas, and affiliated social economy institutions in Germany, offering a comparable blend of institutional lending, deposit accounts, and values-aligned asset management as Evangelische Bank.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@evangelische-bank
• Facebookfacebook.com/Evang.Bank
• LinkedInlinkedin.com/company/evangelische-bank
• Instagraminstagram.com/evangelische_bank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evangelische Bank