Beobank

What Beobank does

Beobank is a Belgian retail bank headquartered in Brussels (Koning Albert II-laan 2, 1000 Brussel), operating as a subsidiary within the Crédit Mutuel Nord Europe group, a mutual banking confederation. The bank serves Belgian retail consumers and small businesses through an omnichannel model that pairs a nationwide physical branch network (kantoor-in-uw-buurt) with online banking and the "Beobank Mobile" application, the latter ranked among the five best banking apps in Belgium by Sia Partners in 2025. The customer proposition is positioned as comprehensive financial services for daily life: account opening is offered free of charge, with the bank monetizing through credit, advisory and insurance cross-sell.

The product suite spans core retail banking, lending, savings, investment, and insurance. Current accounts come in three variants (Gratis, Plus, Jongeren), with credit cards including Visa Gold, Extra Mastercard, Elite Travel Mastercard and a Flying Blue co-branded Mastercard. Lending products include mortgages (Hypothecaire Lening), renovation loans (Renovatielening), eco-loans (Ecokrediet), dedicated EV financing (Lening Elektrische Wagen), and personal loans (Comfort Plus Lening). Savings and long-term products include Save Plus and Fidelity Plus savings, term deposits, pension savings (Pensioenspaarfonds, Pensioenspaarverzekering), and Branch 21/23 insurance savings. Investment services include the 2024-launched Beobank Smart Invest (advisor-guided), Beobank Funds umbrella funds, sustainable investing (Duurzaam beleggen), and self-directed access to ETFs, stocks and structured products. Insurance lines cover mobility, home, family liability, personal accident and a 24/7 monitored home alarm service (Alarmsysteem Homiris), with explicit bundling of home and family cover.

Beobank's revenue mechanics are classical retail banking: net interest income from deposits and loans, interchange and card fees, advisory/wealth-management fees, and insurance distribution income on non-deposit, non-lending products. The technology stack is a digital banking platform delivered through web and a mobile application on iOS and Android, with Apple Pay tokenization on Mastercard cards; no public API or developer ecosystem is disclosed. The bank operates bilingually in Dutch and French across Belgium, and is privately held with no listed equity and no disclosed funding instruments, deriving its capital and governance stability from Crédit Mutuel Nord Europe group membership.

Name

Beobank

Legal name

Beobank NV/SA

Website

https://beobank.be

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Beobank is a Belgian retail bank and subsidiary of Crédit Mutuel Nord Europe, offering current accounts, credit cards, mortgages, savings, advisory investment (Beobank Smart Invest), and bundled insurance to Belgian consumers via a nationwide branch network plus a top-5-ranked mobile banking app.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Portfolio Management and Investment Advice (52394), Direct Life, Health, and Medical Insurance Carriers (52411), Finance and Insurance (52)

SIC

National Commercial Banks (6021), Personal Credit Institutions (6141)

akta.pro primary industry

Retail Wealth & Bancassurance Distribution (Investment & Insurance via Bank) (FSABAAAJ)

Keywords

• Retail banking services
• Consumer credit cards
• Home mortgage loans
• Savings and investments
• Personal insurance products

Headquarters

HQ city

Brussel

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Distribution channels4 records

Marketing channels4 records

Core offering

Beobank is a Belgian retail and business bank offering current accounts, credit and debit cards, consumer and mortgage loans, savings and pension products, investment advisory and self-directed investment services, and personal insurance products (auto, home, family, accident, home security). Distribution is delivered through a nationwide branch network, an award-winning mobile banking app, and PC-based online banking.

Product overview

Beobank is a Belgian retail bank offering a comprehensive suite of financial products and services. The core banking platform includes various current accounts (Gratis Zichtrekening, Plus Zichtrekening, Jongeren Zichtrekening), credit cards (Visa Gold, Extra Mastercard, Elite Travel Mastercard, Flying Blue Mastercard), and a mobile banking app (Beobank Mobile) recognized as one of Belgium's top 5 banking apps. The loan portfolio spans mortgages (Hypothecaire Lening), renovation loans (Renovatielening), eco loans (Ecokrediet), electric vehicle loans, and personal loans (Comfort Plus Lening). Savings products include the Save Plus and Fidelity Plus savings accounts, term deposits, and pension savings vehicles (Pensioenspaarfonds, Pensioenspaarverzekering, Tak 21 and Tak 23 insurance savings). Investment services feature Beobank Smart Invest (advisory investing), Beobank Funds (umbrella funds), and direct access to stocks, ETFs, bonds, and structured products. Insurance offerings cover automotive, home, family liability, personal accident, and home security (Alarmsysteem Homiris). The bank operates as part of the Crédit Mutuel group.

Differentiator

Problem solved

Functional benefit

Products and services

• Gratis Zichtrekening (Free Current Account)

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Partnerships

One partnership is on record.

• Crédit Mutuel Nord EuropecoreOthersBeobank is a member of the Crédit Mutuel Group (Lid van de Groep Crédit Mutuel). Crédit Mutuel Nord Europe is shown as a related entity in the website footer, indicating a group affiliation/ownership structure.

Recent moves5 records

Expansion highlights6 records

Direct peers

• Belfius Bank: Belfius is a major Belgian universal bank providing retail and commercial banking, loans, savings, and insurance—directly comparable to Beobank in customer segments, omnichannel distribution, and bancassurance model.
• KBC Bank: KBC Bank is Belgium's largest retail bank, offering current accounts, mortgages, investments, and insurance through a multi-channel model directly comparable to Beobank's product mix and Belgian customer base.
• Crelan: Crelan is a Belgian cooperative bank serving retail and small-business customers with accounts, loans, and insurance—a comparable Belgian retail banking franchise to Beobank.
• BNP Paribas Fortis: BNP Paribas Fortis is Belgium's largest bank by assets, offering retail banking, mortgages, investment, and insurance products—directly comparable in scope to Beobank's full retail suite.
• ING Belgium: ING Belgium is one of the Big Four Belgian retail banks, with a leading mobile-first banking proposition, mortgages, and investment products—directly comparable to Beobank's digital banking strategy and retail focus.
• Argenta: Argenta is a Belgian retail bank and insurer focused on savings, mortgages, and investment products—closely comparable to Beobank's retail/bancassurance model in the same domestic market.

Broad incumbents

• Crédit Mutuel Nord Europe: Crédit Mutuel Nord Europe is the parent group of Beobank and a large French mutual banking group with retail, corporate, and insurance offerings—comparable as the broader incumbent ecosystem surrounding Beobank.

Emerging players

• Hello bank! (BNP Paribas): Hello bank! is BNP Paribas's digital-first Belgian retail brand, directly comparable to Beobank's mobile-app strategy and customer segment, representing the digital-native threat to traditional banks.
• Keytrade Bank: Keytrade Bank is a Belgian online bank focused on savings, investments, and brokerage—comparable to Beobank Smart Invest and Beobank Funds in targeting digitally-engaged retail investors.

Regional players

• ABN AMRO: ABN AMRO operates in Belgium as a retail and private bank offering similar products (accounts, mortgages, investments) under a different geographic parent—comparable in product mix but serving through a Dutch-headquartered group.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/beobank
• YouTubeyoutube.com/user/beobankchannel
• Facebookfacebook.com/beobankbelgique
• LinkedInlinkedin.com/company/beobank
• Instagraminstagram.com/beobank

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 Beobank