FinTech Magazine July 2019 | Page 78

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04 Landwirtschaftliche

Rentenbank

[ Germany ]

Landwirtschaftliche Retenbank is Germany ’ s development agency for agribusiness . The bank has its headquarters located in Frankfurt am Main , Germany with 285 employees . At the end of 2017 , the company had assets of $ 108.7mn , placing it in fourth place in the rankings . Founded in 1949 , the bank boasts a rich history as the successor of Deutsche Rentenbank , which was originally established to issue the Rentenmark in 1923 to combat hyperinflation . Today , Rentenbank encourages a wide range of investments with its low-interest loans . JULY 2019