What Does TARGOBANK Do?

Total employees5021
HeadquartersDüsseldorf
Founded1926

TARGOBANK is a German retail and commercial bank headquartered in Düsseldorf, primarily serving private customers, self-employed individuals, and business clients. It offers a wide range of financial products and services, including current accounts, savings products, credit cards, consumer loans, mortgages, investment services, and insurance. TARGOBANK operates through a nationwide network of branches, online banking, and telephone banking. It is part of the French cooperative banking group Crédit Mutuel Alliance Fédérale, one of Europe's strong financial institutions.

Where Is TARGOBANK's Headquarters?

TARGOBANK officeTARGOBANK officeTARGOBANK officeTARGOBANK office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for strategic decision-making, corporate governance, national operations management, product development, and marketing for TARGOBANK's German operations.

Notable Features:

Modern office building in Düsseldorf's central business district, equipped with contemporary facilities to support the bank's operations and foster collaboration. Specific architectural awards or unique public features are not prominently highlighted.

Work Culture:

TARGOBANK promotes a work culture focused on customer orientation, teamwork, innovation, and responsibility. It aims to be an attractive employer by offering development opportunities and a dynamic working environment, influenced by its affiliation with the cooperative Crédit Mutuel group.

HQ Significance:

The Düsseldorf headquarters is pivotal for steering TARGOBANK's nationwide retail and business banking activities, ensuring strategic alignment with its parent company, and maintaining its competitive position in the German financial market.

Values Reflected in HQ: The headquarters' operations and environment aim to reflect TARGOBANK's core values of customer focus, simplicity, performance, and trust, facilitating efficient service delivery and strategic planning.

Location:

TARGOBANK's direct operations are focused exclusively on the German market. However, it benefits from an international dimension through its parent company, Crédit Mutuel Alliance Fédérale. Crédit Mutuel is a major French banking group with a significant international presence, particularly in Europe. This affiliation provides TARGOBANK with access to global financial expertise, best practices, and a robust international network, strengthening its capabilities within Germany.

Street Address:

Kasernenstraße 10

City:

Düsseldorf

State/Province:

North Rhine-Westphalia

Country:

Germany

Where Else Does TARGOBANK Operate Around the World?

Mainz, Rhineland-Palatinate/Germany

Address: Wilhelm-Theodor-Römheld-Straße 30, 55130 Mainz

Serves as a national competence center for vehicle financing solutions, supporting both private customers and automotive dealerships across Germany.

Duisburg, North Rhine-Westphalia/Germany

Address: Harry-Epstein-Platz 5, 47051 Duisburg

Functions as a key operational hub, contributing to the efficiency of TARGOBANK's customer service and administrative processes for the German market.

Buying Intent Signals for TARGOBANK

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading TARGOBANK? Meet the Executive Team

As of April 2025, TARGOBANK' leadership includes:

Isabelle Chazarin - Chairwoman of the Management Board (CEO)
Jürgen Lieberknecht - Board Member, Private Customers & HR
Michael Rützel - Board Member, Corporate Customers & Factoring
Pascal Laugel - Board Member, Finance, Risk Control & Compliance (CFO/CRO)
Dr. Christian Sager - Board Member, Credit, Operations & IT (COO)

Who's Investing in TARGOBANK?

TARGOBANK has been backed by several prominent investors over the years, including:

Crédit Mutuel Alliance Fédérale

What Leadership Changes Has TARGOBANK Seen Recently?

Hire1
Exits1

The most significant executive change in the last 12 months was the appointment of Isabelle Chazarin as the new Chairwoman of the Management Board (CEO), succeeding Pascal Perrier who retired.

Departures

Pascal Perrier, Pascal Perrier retired as Chairman of the Management Board (CEO) after many years of service.

New Appointments:

Isabelle Chazarin, Isabelle Chazarin took office as the new Chairwoman of the Management Board (CEO) of TARGOBANK.

What Technology (Tech Stack) Is Used byTARGOBANK?

Discover the tools TARGOBANK uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

TARGOBANK Email Formats and Examples

TARGOBANK's corporate email addresses likely follow standard German business conventions. Common formats include using the first name and last name, or an initial combined with the last name.

[first_name].[last_name]@targobank.de

Format

max.mustermann@targobank.de

Example

75%

Success rate

What's the Latest News About TARGOBANK?

targobank.deFebruary 28, 2024

TARGOBANK reports solid business results for 2023

TARGOBANK announced its financial results for the fiscal year 2023, reporting a pre-tax profit of €521 million. The bank highlighted stable growth in customer deposits and lending, particularly in consumer finance, despite a challenging economic environment. It also emphasized ongoing investments in digital transformation and customer service....more

targobank.deNovember 21, 2023

TARGOBANK launches investment pilot project with FinTech UnitPlus

TARGOBANK has partnered with FinTech UnitPlus to pilot an innovative investment solution. The project allows customers to invest directly from their bank accounts into globally diversified ETF portfolios, aiming to simplify access to capital markets and promote flexible, modern investment options for TARGOBANK clients....more

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