SKG Bank
- Company typePublic
- Founded1953
- HeadquartersSaarbrücken, Germany
- Headcount11–50
- GTM typeB2C
- OfferingServices
SKG Bank firmographics
Firmographics- Name
- SKG Bank
- Legal name
- Deutsche Kreditbank Aktiengesellschaft (DKB AG)
- Website
- https://skgbank.de
- Company type
- Public
- Founded year
- 1953
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
SKG Bank industry classification
Industry- Product category
- Consumer Lending
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)
Keywords
Where SKG Bank is headquartered
LocationHeadquarters
- HQ city
- Saarbrücken
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
SKG Bank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Ratenkredit Interest Income: SKG Bank generates revenue primarily through interest income on installment loans. Customers pay monthly installments comprising principal and interest over the loan term. Interest rates range from 5.17% to 11.19% (Sollzins) depending on creditworthiness and loan terms.
- SofortKredit Interest Income: Revenue from immediate credit product with same interest-based repayment structure as Ratenkredit but with faster processing and no document requirements beyond digital account verification.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | SKG RatenKredit: Nettodarlehensbetrag 2.500 € - 100.000 €, Laufzeit 12 - 120 Monate |
| Unit Pricing | Monthly | SKG SofortKredit: Nettodarlehensbetrag 2.500 € - 100.000 €, Laufzeit 12 - 120 Monate, Sofortauszahlung |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
SKG Bank product offering
Product offeringCore offering
SKG Bank is a digital-first direct bank brand of Deutsche Kreditbank AG that offers consumer installment loans (Ratenkredite) to private customers in Germany. Its core offerings are the SKG RatenKredit (standard installment loan) and the SKG SofortKredit (instant credit decision with payout capability), with loan amounts from EUR 2,500 to EUR 100,000 and terms of 12 to 120 months, applied for fully online.
Product overview
SKG BANK operates as a subsidiary brand of DKB AG (Deutsche Kreditbank AG), specializing in installment credit (Ratenkredit) products for private customers in Germany. The company offers two main credit products: the SKG RatenKredit for standard installment loans with document upload, and the SKG SofortKredit for expedited credit decisions with digital account verification. Both products share common features including loan amounts of €2,500 to €100,000, 12-120 month terms, free early repayment, and an optional Darlehensschutz (loan protection) insurance add-on. SKG also provides free debt consolidation services allowing customers to combine up to 5 existing credits into a single loan.
Differentiator
Problem solved
Functional benefit
Products and services
- SKG RatenKredit An installment credit product for German private customers with loan amounts from EUR 2,500 to EUR 100,000 and terms of 12-120 months. Features free early repayment and special installments, debt consolidation services for up to 5 existing credits, optional loan protection insurance, and a fully digital application process with video legitimation and digital signature; payout occurs within 1-2 bank working days after approval.
- SKG SofortKredit An expedited installment credit product for German private customers offering credit decision and payout within approximately 7 minutes. Loan amounts from EUR 2,500 to EUR 100,000 with terms of 12-120 months. Requires online banking access for digital account verification (Kontocheck), video legitimation via WebID Solutions, and digital signature; no document submission required for final approval.
- Darlehensschutz (Loan Protection Insurance) Optional insurance add-on protecting borrowers against involuntary unemployment, inability to work, and death. Offered as a single-premium insurance integrated into SKG's loan offering, with premium calculated based on individual risk assessment and financeable with the loan.
- Debt Consolidation Service A service allowing borrowers to combine up to 5 existing credits (loans, overdraft facilities) into a single SKG installment loan with one monthly payment, with claimed interest savings of up to more than 50% on credit costs.
Quantifiable outcome
- Credit decision and payout in approximately 7 minutes for SofortKredit
- +3 more outcomes
Companies that use SKG Bank
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
SKG Bank technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature5 records
SKG Bank partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and flagship.
- smava GmbHcoresmava is a German online credit comparison platform that distributes SKG Bank credit products. The partnership allows smava to offer SKG loans to its customer base. Alexander Artopé, Managing Director of smava, has provided a testimonial praising SKG as a reliable and competent partner.
- Check24coreCheck24 is a major German comparison platform that includes SKG credit products in its offerings, enabling customers to compare rates and apply for SKG loans through the platform.
- Dr. KleincoreDr. Klein is a German financial services comparison platform that distributes SKG credit products as part of its consumer lending offerings.
- WebID Solutions GmbHcoreWebID Solutions provides video legitimation and digital identity verification services for SKG's online credit application process. Available 7 days a week from 7-22 Uhr, enabling fully digital customer onboarding and contract signing without branch visits.
- DKB AGflagshipDKB AG (Deutsche Kreditbank AG) is the parent company and brand licensor for SKG Bank. DKB acquired 49.9% of SKG in 2006 and since 2015 SKG operates as the consumer credit specialist brand of DKB. SKG customers receive access to DKB's online banking platform for account management.
- Subito AGcoreSubito is an automated loan processing application used by SKG for secure matching of credit applications with applicants via application ID and intermediary ID for commission billing purposes.
Scale indicators3 records
Recent moves12 records
Expansion highlights5 records
SKG Bank competitors and assessment
Company assessmentDirect peers
- auxmoney: auxmoney is a German peer-to-peer / marketplace consumer lending platform offering installment loans to private customers, often channeled through comparison platforms. It overlaps directly with SKG on product, customer segment (German consumers), and distribution (partner platforms), but operates a marketplace model rather than balance-sheet lending.
- SWK Bank: SWK Bank is a German direct bank specializing in installment loans and consumer credit with a digital application process. It competes head-to-head with SKG on the same comparison platforms (Check24, smava) with similar ticket sizes and target segments, making it the closest functional analogue.
- DSL Bank: DSL Bank is a German direct bank that historically focused on installment loans (now part of the BAWAG Group's German consumer finance operations). It competes in the same niche of digital installment lending with similar credit amounts and terms to SKG.
Emerging players
- smava: smava is a German online credit comparison and brokerage platform that distributes SKG products as a partner. While commercially aligned, smava also originates and brokers loans from competing lenders, putting it in partial competitive overlap with SKG's direct-channel acquisition.
- Solarisbank: Solarisbank is a German Banking-as-a-Service platform offering lending infrastructure, credit products, and embedded finance APIs. While B2B-focused, it enables competing consumer credit offerings through partner platforms that overlap with SKG's distribution channels.
Broad incumbents
- TARGOBANK: TARGOBANK is a large German retail and consumer credit bank offering installment loans alongside deposits and current accounts, with both digital and branch presence. It competes with SKG on consumer credit pricing and comparison platforms.
- N26: N26 is a German-headquartered digital bank expanding into consumer credit alongside its core deposit and payment products. It represents the digitally native, mobile-first competitive threat in German retail finance and increasingly competes for the same digital-first borrowers SKG targets.
- Santander Consumer Bank: Santander Consumer Bank is a major German consumer credit specialist under the Santander group, offering installment loans, auto financing, and consumer finance products. It overlaps with SKG on installment lending but with broader product scope and group funding.
- ING-DiBa: ING-DiBa is one of Germany's largest direct banks, offering installment loans alongside a broad retail banking franchise (deposits, brokerage, mortgages). It competes with SKG on consumer credit but its broader portfolio, deposit-funded model, and brand scale make it a broader incumbent.
Others
- DKB AG (Deutsche Kreditbank): DKB AG is SKG BANK's parent company and brand licensor. As the institutional owner of the SKG brand, DKB is the enabling entity rather than a competitor; DKB's broader retail and corporate banking franchise provides the infrastructure SKG sits within.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
SKG Bank social profiles
Digital presenceSKG Bank compliance and trust
Trust signalCompliance6 records
SKG Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
SKG Bank leadership team
Management profileNumber of profiles
Profiles6 records
SKG Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SKG Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SKG Bank
What does SKG Bank do?
SKG Bank is a digital-first direct bank brand of Deutsche Kreditbank AG that offers consumer installment loans (Ratenkredite) to private customers in Germany. Its core offerings are the SKG RatenKredit (standard installment loan) and the SKG SofortKredit (instant credit decision with payout capability), with loan amounts from EUR 2,500 to EUR 100,000 and terms of 12 to 120 months, applied for fully online.
Is SKG Bank a public or private company?
SKG Bank is a public company. It is classified as corporate owned and is currently operating.
When was SKG Bank founded?
SKG Bank was founded in 1953. It employs 11 to 50 people.
Where is SKG Bank based?
SKG Bank is headquartered in Saarbrücken, Germany, in the Europe region.
How does SKG Bank make money?
Two revenue lines are on record. Ratenkredit Interest Income is the primary driver. The others are sofortKredit Interest Income.
Who are SKG Bank's main competitors?
Direct peers on record are auxmoney, SWK Bank and DSL Bank. Emerging players are smava and Solarisbank. Broad incumbents are TARGOBANK, N26, Santander Consumer Bank and ING-DiBa. DKB AG (Deutsche Kreditbank) is listed as an others.
Does SKG Bank have an API?
No public API is recorded for SKG Bank.
What industry is SKG Bank in?
SKG Bank's product category is Consumer Lending. Its primary akta.pro industry code is FSABAAAB, Retail Lending (Personal Loans, Auto, Credit Lines). Its NAICS code is 5221 and its SIC code is 6141.