Varengold Bank AG

Ascory Bank AG is a credit institution based in Hamburg, Germany, founded in 1995. It operates as a specialist bank for structured financing in the corporate client sector, serving financial technology companies such as leasing and factoring institutions, as well as the energy transition and leveraged finance sectors. The bank also offers call and fixed-term deposits. It was formerly known as Varengold Bank AG and changed its name to Ascory Bank AG in February 2026.