VARENGOLD BANK AG
THE COST OF OPENING AN ACCOUNT:
FROM 3500 EUR
GENERAL INFORMATION
Varengold Bank AG
Germany
www.varengoldcrypto.com.de
1995
Varengold was founded in 1995 by Yasin Sebastian Qureshi and Steffen Fix, amongst others. Since foundation of the company main business operations is derivative brokerage as well as Alternative Investments products and services. In 1998, Varengold obtained the licence for financial institutions issued by the Bundesaufsichtsamt für das Kreditwesen (BAKred), the German financial regulator at that time. In 2003, Varengold became registered as an investment bank by the Federal Financial Supervisory Authority (BaFin), and it obtained a commercial banking license in 2013. Varengold bank is a member of the Entschädigungseinrichtung deutscher Banken (EdB), a private institution legally responsible for guaranteeing the deposits of account holders of German banks. Since March 20, 2007, the bank’s shares have been publicly traded on the German Frankfurt Stock Exchange. Frankfurt Stock Exchange (Deutsche Boerse) at Entry Standard: ISIN: DE0005479307 Symbol: VG8
60
High
ACCOUNT
SERVICES AND COSTS
Finance, Investment, Brokerage, Banking, Indemnification fund, Securities
GENERAL INFORMATION
Name
Country
Official site
Faunded
History
Employees
Security
Varengold Bank AG
Germany
www.varengoldcrypto.com.de
1995
Varengold was founded in 1995 by Yasin Sebastian Qureshi and Steffen Fix, amongst others. Since foundation of the company main business operations is derivative brokerage as well as Alternative Investments products and services. In 1998, Varengold obtained the licence for financial institutions issued by the Bundesaufsichtsamt für das Kreditwesen (BAKred), the German financial regulator at that time. In 2003, Varengold became registered as an investment bank by the Federal Financial Supervisory Authority (BaFin), and it obtained a commercial banking license in 2013. Varengold bank is a member of the Entschädigungseinrichtung deutscher Banken (EdB), a private institution legally responsible for guaranteeing the deposits of account holders of German banks. Since March 20, 2007, the bank’s shares have been publicly traded on the German Frankfurt Stock Exchange. Frankfurt Stock Exchange (Deutsche Boerse) at Entry Standard: ISIN: DE0005479307 Symbol: VG8
60
High
ACCOUNT
Recommendations
Account type
Departure to the bank
Not required
Investment
Not required
SERVICES AND COSTS
Bank services
Finance, Investment, Brokerage, Banking, Indemnification fund, Securities