'Mighty oaks grow from little acorns' / Varengold Bank publishes its first sustainability report - Seite 2

looks after children from socially disadvantaged families. Employees of the Bank
have been guests at 'The Ark' on several occasions, cooking, playing sport and
doing crafts with the children. The financial services provider is also involved
in the wish tree campaign from 'The Ark' and makes the wishes of many of the
children come true at Christmas. In addition, an annual donation to local
charities has been an integral part of the company's philosophy for a long time.
At the beginning of 2020, a cheque for EUR 11,600 was presented to the
'Sternenbrücke' children's hospice in Hamburg. The Bank's employees decide each
year which organisation will receive a donation through a transparent and
democratic process.

'Sustainability is a global community project,' says Dr Bernhard Fuhrmann.
'Coming together in initiatives and partnerships, we help shape social, economic
and ecological framework conditions. This means that in the future, we can also
imagine joining the 'United Nations Environment Programme Finance Initiative
(UNEP FI)'.

Frank Otten, member of the Board of Managing Directors adds: 'Along with all the
focus on dealing with the COVID-19 pandemic and its aftermath, we have redoubled
our sustainability efforts. We are proud of this. We will not let up on these
efforts and are committed to a healthy planet!'

About Varengold Bank AG

Varengold Bank AG is a German bank founded in 1995 and in possession of a full
banking licence since 2013. In addition to its head office in Hamburg, the bank
has branches in London and Sofia. The key business areas are Marketplace Banking
and Transaction Banking (Commercial Banking). In Marketplace Banking, the focus
is on cooperation with European fintechs, and in particular credit platforms.
Varengold Bank's portfolio of services includes funding, debt and equity capital
market products, fronting services for products subject to banking licence
obligations and international payment services. Dr Bernhard Fuhrmann and Frank
Otten form the Board of Managing Directors and together with a 90-strong
international team they continue to help shape the modernisation of the
financial sector. Varengold Bank is registered with the Federal Financial
Supervisory Authority (BaFin) under 109 520 and the Varengold share (ISIN:
DE0005479307) has been listed on the Open Market of the Frankfurt Stock Exchange
since 2007. Further information can be found at https:// www.varengold.de/
(https://www.varengold.de/)

Pressekontakt:

Press contact
Sanja Schultz-Szabo
Head of Corporate Development
Tel.: [phone]
E-mail: mailto:[e-mail]

Additional content: http://presseportal.de/pm/38480/4839576
OTS: Varengold Bank AG