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Banking in Germany is a highly leveraged industry, as its average leverage ratio (assets divided by net worth) as of 11 October 2008 is 52 to 1 (while, in comparison, that of France is 28 to 1 and that of the United Kingdom is 24 to 1); its short-term liabilities are equal to 60% of the German GDP or 167% of its national debt.
The German Banking Act Kreditwesengesetz (KWG), literally meaning law of the banking system, is the primary legally implementation of the Basel Accords. It is binding for banks and other institutes providing financial services (German: de:Kreditinstitute und de:Finanzdienstleistungsinstitute ) in Germany and effective since January 1935, but ...
Hohenzollerische Landesbank Kreissparkasse Sigmaringen is a local public savings bank, part of the Sparkassen-Finanzgruppe; its earliest predecessor was established in 1834 as Spar- und Leihkasse für das Fürstentum Hohenzollern-Sigmaringen, and was renamed Hohenzollerische Landesbank Spar- und Leihkasse in 1930
On 1 July 2016, a joint venture in which the Santander Consumer Bank AG holds a 50 percent stake, was launched by the PSA Bank Deutschland GmbH. The PSA Bank offers car financing, leasing products and dealer financing with the Peugeot Bank and Citroën Bank brands. Deposits are available through the PSA Direct Bank. [7] In September 2016, the ...
With total assets of some 3,029 billion euros, VÖB's member institutions cover approximately one quarter of the German banking market. Public-sector banks view themselves as owing responsibility towards SMEs, other enterprises, the public sector, and retail customers; they are deeply rooted in their respective home regions, all over Germany.
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Download QR code; Print/export Download as PDF; Printable version; In other projects Wikimedia Commons; ... Santander Consumer Bank (Deutschland) Sberbank Europe Group;
The Bank deutscher Länder was established in 1948 in the former Frankfurt branch of the Reichsbank, Taunusanlage 4–6, built in 1933 [1] The Bank deutscher Länder (BdL, lit. ' Bank of the German States ') was a central bank established in 1948 to serve West Germany, issuing the Deutsche Mark. It was replaced in 1957 by the Deutsche Bundesbank.