The Challenge
Otto Group established Hanseatic Bank in 1969 as a consumer credit institution, for providing consumer loans to its customers. The institution was converted to a full-featured bank in 1976.
In 2005, 75% of the Handeatic Bank shares were taken over by the French major bank Société Générale for expanding the consumer credit business. The Otto Group still holds 25% of the shares.
Business operations of hanseatic Bank include credit business, deposit business, claims management and transactions on a commission basis .
In May 2011 has successfully relaunched its website and updated the CASPARDO Website Search.
The Implementation
The team of CASPARDO has succesfully supervised the relaunch and coordinated the following tasks in collaboration with the persons responsible of Hanseatic Bank:
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