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September 3, 2020

CREALOGIX provides customer portal for seven German development banks

CREALOGIX provides customer portal for seven German development banks

Digital banking software provider CREALOGIX has won a Europe-wide tender to develop a portal solution for a consortium of seven state development finance institutions. The contract is for the implementation, maintenance and optimisation of the software solution sought by the consortium members for their innovative common customer portal.

This innovative portal solution is to be built on the CREALOGIX Digital Banking Hub, the CREALOGIX standard product for customer portals. It has been adapted for working with housing construction subsidies. The CREALOGIX digital banking platform provides the seven development finance institutions in the consortium a new channel and access route to offer their clients that enables all-digital processing of loan submissions.

“Our goal in using the CREALOGIX portal solution is to achieve substantial streamlining, reducing the number of process steps our customers require, as well as lower processing costs for the consortium banks.”

Michael Kiesewetter, CEO of Nbank, the investment and development bank for the state of Lower Saxony

In addition to rolling out the portal solution, slated for 2021, CREALOGIX will be overseeing further development of the portal over a ten-year period in close cooperation with the consortium development banks, in cooperation with several implementation partners. A sliding subscription fee is charged for use of the platform.

“A flagship digitisation project”

The seven state development finance banks in the consortium which have agreed to deploy a shared customer portal solution are: Investitions- und Förderbank Niedersachsen (NBank), Hamburgische Investitions- und Förderbank (IFB HH), Investitions- und Strukturbank Rheinland-Pfalz (ISB), Investitionsbank des Landes Brandenburg (ILB), Investitionsbank Schleswig-Holstein (IB.SH) and Wirtschafts- und Infrastrukturbank Hessen (WIBank), with a partnership option for Bremer Aufbau-Bank (BAB).

“The development bank portal will open up an innovative digital banking channel. Additional services can eventually be standardised and then easily integrated into the platform as well. The development banks have seen the benefit of adopting our platform strategy."

CREALOGIX Group CEO Oliver Weber


The economic projections and predictions contained in this information relate to future facts. Such projections and predictions are subject to risks, uncertainties and changes which cannot be foreseen and which are beyond the control of CREALOGIX Holding AG. CREALOGIX Holding AG is therefore not in a position to make any representations as to the accuracy of economic projections and predictions or their impact on the financial situation of CREALOGIX Holding AG or the market in the securities of CREALOGIX Holding AG.

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July 31, 2020
Volker Weimer will step down as a member of the CREALOGIX Group Management Board at the end of July 2020. As of that date, he will continue to work for CREALOGIX as a consultant. Succession planning is in progress and will be communicated in due course. In the meantime, Oliver Weber, CEO of the CREALOGIX Group, will act as Chairman of the Management Board of the German CREALOGIX subsidiary. | German version available