Tag: C24 Bank

German BaFin Reprimanded Challenger Bank C24!

BaFin Charlene Lensburg - February 3, 2023

The German BaFin reprimanded C24 Bank, the bank of the comparison portal Check24. The bank must ensure proper business organization and meet additional capital requirements. The regulator announced this on Thursday. The deficiencies had been revealed by a special audit that took place regularly last summer. BaFin had already issued C24 with corresponding orders in December, which have now come into force, the financial supervisory authority's statement continued.

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