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The following Sparda-Banks are consolidated in the Verband der Sparda-Banken e. V. (Union of Sparda-Banks) which as auditing association is responsible for the statutory audits according to the cooperative bill: Sparda-Bank Augsburg; Sparda-Bank Baden-Württemberg (in Stuttgart, fusion with Sparda-Bank Karlsruhe) Sparda-Bank Berlin; Sparda-Bank ...
Its origins go back to 1864 as Allgemeiner Verband der auf Selbsthilfe beruhenden Deutschen Erwerbs- und Wirtschaftsgenossenschaften. As of 2015 it had 1,021 members, which represents all the cooperative banks in Germany, including local cooperative banks, PSD banks, Sparda banks, Church banks and Cooperative financial institutions, managing ...
The German Cooperative Financial Group (German: Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken, sometimes referred to in English as "Volksbanken Raiffeisenbanken Cooperative Financial Network") is a major cooperative banking network in Germany that includes local banks named Volksbanken ("people's banks") and Raiffeisenbanken ("Raiffeisen banks"), the latter in tribute to 19th ...
This is a list of co-operative banks in Germany according to the information provided by the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR) umbrella organisation. By late 2008, there were 1,197 co-operative banks in Germany with total assets of €668 billion. German co-operative banks are members of regional organisations.
Union Asset Management Holding AG (German pronunciation: [uˌni̯oːn ɪnˈvɛstmɛnt] ⓘ) is the investment arm of the DZ Bank Group and part of the cooperative financial services network. It was founded in 1956 and is headquartered in Frankfurt.
Sparda-Bank, a group of German and Austrian cooperative banks Topics referred to by the same term This disambiguation page lists articles associated with the title Sparda .
In the English language, banq and banc are alternative spellings pronounced identically to the word "bank". Both terms have been adopted by financial services companies and others to satisfy legal restrictions on the usage of the word bank. [1] The compound bancorp (banc/bank + corp[oration]) is often used in the names of bank holding companies ...
All PSD banks have a legal structure of a listed cooperative and are therefore cooperative banks. PSD banks are purely private customer banks. Today, with one exception, all 14 PSD banks are in the universal bank business. The PSD banks are part of the Verband der PSD Banken e. V. (union of PSD banks) which is located in Bonn. [2]