Banks
Bavaria plays a central role in German banking. Overall, the banks domiciled here have lent funds totaling about 464 billion euros to business and consumers. That's approximately 13 percent of the total lending volume of German banks. The majority of these loans are provided by Munich-based banks. These, in turn, make the city the second most important center of banking in Germany. Overall, about 50 banks are headquartered here – including two of Germany's largest banks, Bayerische Hypo- und Vereinsbank AG (HVB) and Bayerische Landesbank. In fact, about 160 banks, including numerous foreign banks, are present in Munich. This underscores the international significance of the financial center.
Bavaria itself is the home market for around 500 banks, including about 75 savings banks and just under 315 cooperative banks and 84 private banks. This means approximately 25 percent of all German banks are based in Bavaria – substantially more banks than in any other federal state, and even more than in the banking country, Switzerland. They employ approximately 125,000 people.
Traditionally, Bavarian banks play a major role in the mortgage business. For example, Munich banks issued around one-third of all mortgage bonds floated in Germany.
Transaction banking in particular demonstrates that banking and high-tech go hand in hand. Throughout Germany, Munich has a powerful position in this area.Case-in-point: BCB. This Munich-based Postbank subsidiary is responsible for processing all of the payment transactions – amounting to between 300,000 and 500,000 document-based and nearly 9 million electronic-based ones a day – taking place in the southern two thirds of Germany.
Traditionally, Bavarian banks play a major role in the mortgage business. For example, Munich banks issued around one-third of all mortgage bonds floated in Germany.
Transaction banking in particular demonstrates that banking and high-tech go hand in hand. Throughout Germany, Munich has a powerful position in this area.Case-in-point: BCB. This Munich-based Postbank subsidiary is responsible for processing all of the payment transactions – amounting to between 300,000 and 500,000 document-based and nearly 9 million electronic-based ones a day – taking place in the southern two thirds of Germany.
More Companies
Aareal Bank AG - ABC Privatkunden-Bank GmbH - AKBANK T.A.S. - Allgemeine Hypothekenbank AG - Anton Hafner Bankgeschäft - Augsburger Aktienbank AG - August Lenz & Co. AG - Banca Popolare di Bergamo S.p.A. - Bank Schilling & Co. Aktiengesellschaft - Bank Vontobel Österreich AG - Bankhaus Lampe KG - Bankhaus Ludwig Sperrer - Bankhaus Max Flessa KG - Bankhaus Reuschel & Co. - Bayerische Hypo- und Vereinsbank AG - BHF-BANK Aktiengesellschaft - BMW Bank GmbH - CC-Bank AG - Citibank Privatkunden AG & Co. KGaA - Citigroup Global Markets Deutschland AG & Co. KGaA - Commerzbank AG - Cortal Consors S.A. - Credit Suisse - Creditverein Wilhermsdorf AG Spar- und Kreditbank - DAB bank AG - Degussa Bank - Delbrück Bethmann Maffei AG - Delmora Bank GmbH - Deutsche Bank Privat- und Geschäftskunden AG - Deutsche Bank AG - Deutsche Hypothekenbank - Deutsche Postbank AG - Dresdner Bank AG - Dresdner-Cetelem Kreditbank GmbH - Emporiki Bank-Germany GmbH - Erste Rosenheimer Privatbank AG - Eurohypo AG - Financial Markets Service Bank GmbH - Fürst Fugger-Privatbank KG - Fürstlich Castell'sche Bank, Credit-Casse KGaA - Gabler-Saliter Bankgeschäft KG - GE Money Bank GmbH - Hanseatic Bank GmbH & Co. KG - Hauck & Aufhäuser Privatbankiers KGaA - HSBC Trinkhaus & Burkhardt KGaA - HYPO ALPE-ADRIA-BANK AG - Hypo Real Estate Bank AG - IKB Deutsche Industriebank AG - ING-DiBa AG - KarstadtQuelle Bank AG - KBC BANK Deutschland AG - LGT Bank in Liechtenstein & Co. OHG - Merck Finck & Co Privatbankiers - MERKUR BANK KGaA - Münchener Hypothekenbank eG - NordFinanz Bank AG - Oberbank AG Linz - Raiffeisenlandesbank Oberösterreich AG - Sal. Oppenheim jr. & Cie. KGaA - SALZBURG MÜNCHEN BANK AG - SANPAOLO IMI S.p.A. - SEB AG - STATE STREET BANK GMBH - UBS Deutschland AG - VON DER HEYDT KERSTEN KG
The list raises no claim of completeness.
The list raises no claim of completeness.