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As a transaction bank, the Deutsche WertpapierService Bank AG (dwpbank) handles the securities processing for financial institutions from the savings bank and cooperative sector, but also from the private and commercial banking sector in Germany. dwpbank currently manages around 5.34 million securities accounts. [2]
The BVR advises and supports its members on legal, taxation, and business management issues. The Cooperative Financial Group's institutional protection scheme is Germany's oldest deposit guarantee scheme for banks and is run by the BVR. The BVR informs its member banks on economic and political developments and publishes the “Bank-Information ...
The Central Credit Committee was founded in 1932 as a common interest group of the five federal interest groups that represent the financial sector in Germany. Until August 2011, the association was known as the Central Credit Committee [2] (German: Zentraler Kreditausschuss / ZKA) when it adopted a new name (after almost eighty years). [3]
The BdB is a member of the German Banking Industry Committee that brings it together with its peers representing the other segments or "pillars" of German banking, namely the BVR for cooperative banks, the DSGV for savings banks, the VÖB mainly for public promotional banks, and VdP for specialized mortgage banks.
The German public banking sector (German: Öffentliches Kreditwesen) represents a significant share of the broader banking sector in Germany. Unlike in most other Western and Central European countries, German public-sector banks have been present since the early phases of formalization of banking entities in the early modern period and have ...
Founded in 1961, the Ministry works to encourage economic development within Germany and in other countries through international cooperation and partnerships. It cooperates with international organizations involved in development including the International Monetary Fund, World Bank, and the United Nations.
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.
The DWS Group (Formerly: Deutsche Asset Management) commonly referred to as DWS, is a German asset management company. It previously operated as part of Deutsche Bank until 2018 where it became a separate entity through an initial public offering on the Frankfurt Stock Exchange.