Ascory Bank

About Ascory Bank

Ascory Bank AG is a German credit institution founded in Hamburg in 1995 with an additional location in Sofia. In 2025, the institution underwent a fundamental repositioning with new management, clearly structured processes, and a new business strategy. The new, focused business model as a specialist bank for structured financing in the corporate client sector is aimed at start-up and scale-up customers in the fintech including leasing and factoring institutions, energy transition, and leveraged finance sectors and is based on a diversified funding strategy. The bank is registered with the German Federal Financial Supervisory Authority under number 109 520 and is affiliated with the German Banks Compensation Scheme EdB. The share ISIN: DE000A40ZUV2 is listed on the open market of the Frankfurt Stock Exchange. currently still operating under Varengold Bank AG