Wirecard Bank AG waived its banking license pursuant to Section 32 of the German Banking Act (Kreditwesengesetz – KWG) by end of 9 December 2021 (12 am midnight CET) and, in accordance with the legal provisions, has changed its company name to “WDB Abwicklungs AG”. From the beginning of its liquidation under corporate law, its designation is:
WDB Abwicklungs AG i.L.
WDB Abwicklungs AG i.L. no longer enters into banking transactions and winds up its existing business.
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