Cortal Consors

European investing and trading broker

Cortal Consors SA was a European broker in personal investing and online trading.

Formed by a merger of French company Cortal and German company Consors, they launched a 2003 rebranding campaign. Cortal Consors was a subsidiary of BNP Paribas.^[1]

By 2010, Cortal Consors had more than 1 million customers in three countries (France, Germany and Spain).

In 2013 BNP Paribas launched its new direct bank, Hello bank! in France and a few other European countries to replace Cortal Consors. In December 2014, services in Germany were relaunched under the Consorsbank brand, adopting a very similar logo to Hello Bank!. In 2015 the accounts of French Cortal Consors customers were transferred to Hello bank! France and in 2016 Cortal Consors France ceased its operations.^[2]

In Spain, services are now offered under the "BNP Paribas Personal Investors" brand.

References

^ Plunkett, Jack W. (2006). Plunkett's Banking, Mortgages & Credit Industry Almanac 2007: Banking. Plunkett Research, Ltd., ISBN 978-1-59392-059-3
^ "Clap de fin pour Cortal Consors, la banque en ligne de BNP Paribas".