Banks in Germany

Banks and Saving banks in Germany



Germany has classified banks into three main groups: public sector banks, cooperatives and commercial banks, and 75% of all transactions are carried out by them. Public sector banks are composed by Landesbanken (they are similar to regional banks) mostly owned by the federal states in which they are located, HSH Nordbank or Landesbank Baden-Wüttemberg are examples of it. We also find Sparkassen (Die Sparkasse Bremen AG, Hamburger Sparkasse AG...) or saving banks, working as commercial ones and decentralized, each of those banks is independent from the others, they focus on local costumers and they are not profit  intitutions.

 

Private commercial banks are standard banks offering saving accounts, or lending money, etc., and the largest banks in Germany are of this kind: Deutsche Bank and Commerzbank AG. Cooperatives are composed by the association of members sharing the same responsibility in business, DZ BANK AG or WGZ-BANK represent this. If we had to classified these banks upon their activities, we could say they are either universal or spezialised  banks.

 

Above all there is the German Federal Bank, or Deutsche Bundesbank, Germany's central bank and the institution which issues banknotes, supervising commercial banks or managing currency reserves. Therefore is the most important part of this system.

Showing 8 Banks in Germany


Scotiabank

Furstenberg

Heslan

Hasp

Wkz Bank

Royal Imperial Deutsche Bank

Komet

Heller Bank Ag

News related with Germany Banks


Germany Willing to Merge Deutsche Bank, Commerzbank, Focus Says - Bloomberg

... Willing to Merge Deutsche Bank, Commerzbank, Focus Says&n...

 

No support from Merkel's party for Germany taking stake in Deutsche Bank - The Business Times

... party for Germany taking stake in Deutsche Bank  The Business TimesTHE BUSINESS TIMES Banking & Finance - GERMAN Chance...

 

Will Deutsche Bank Survive Its Latest Crisis? - Fair Observer

... ObserverDeutsche Bank is in hot water after recent raids by police. What will happen next?...

 

Brexit Banks Seen Moving Up to $900 Billion of Assets to Germany - Bloomberg

... banks affected by Brexit will move as much as 800 billion euros ($900 billion) of balance-sheet assets to Frankfurt, according to a lobby group for the ......

 

Public Security Minister Erdan urges German bank to close BDS accounts - The Jerusalem Post - Israel News

... bank to close BDS accounts  The Jerusalem Post - Israel NewsThe Jerusalem Post's disclosure of a bank account in Germany held by an entity that supports the BDS movement prompted Strategic Affair...

 

finance Fierce competition sees German banks returning to dubious lending - Handelsblatt Global Edition

... sees German banks returning to dubious lending  Handelsblatt Global EditionDespite the lessons of the global financial m...

 

Will Merkel Leave Germany Fit for the Future? Probably Not - Bloomberg

... Merkel Leave Germany Fit for the Future? Probably Not  BloombergAngela Mer...

 

 

Add a New Bank in Germany

Bank's name:

 

Bank's Webpage (URL):

 

Select a Country: