Advanzia Bank

Advanzia Bank markets and distributes a no fee gold Mastercard credit cards in the German, French, Spanish and Austrian markets.

Kistefos invested alongside the founding management when the bank was established in 2004. Kistefos is the majority shareholder and holds 60.3 % of the shares.

For more information, please visit www.advanzia.com

Key facts
SectorFinancial Services
CountryLuxembourg
Ownership60.3%
Entry2004
Board of Directors
Chairman:Bengt Rem
Dep. Chairman
Thomas Schlieper
MemberTor Erland Fyksen
MemberTom Ruud
MemberNishant Fafalia
Management
CEORoland Ludwig
CFOPatrick Thilges