Hanseatic Bank is a private bank based in Hamburg, Germany, operating nationwide. It specializes in consumer credit, deposit-taking, real-estate related financing, receivables management, and credit cards. Founded in 1969, it was initially a subsidiary of the Otto Group and is now majority-owned by the French bank Société Générale, with the Otto Group retaining a 25% stake. The bank distributes its products directly, online, and through partners.