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PSD Bank München
The PSD Bank München which has its headquarters in Augsburg, Germany, is a regional operating direct bank for private customers, who are part of the PSD Bank, PSD Banking Group. The bank is a member of the ''Bundesverband der Deutschen Volksbanken und Raiffeisenbanken'' (BVR), together with 13 other independent PSD banks. Its business area expands across Swabia, Upper Bavaria and Lower Bavaria, where the bank serves about 85,000 private customers. The PSD is among Munichs biggest Cooperative banking, cooperative banks, with total assets of over 2 billion Euro. Its legal supervision is carried out by the Federal Financial Supervisory Authority. Services The bank offers financial services to private customers in the areas construction financing, installment loans, investment products and Giro (banking), giro. The areas property agency, building society savings, insurances and stocks are being covered through cooperation's with the Bausparkasse Schwäbisch Hall, the DeTeAssekuranz, Fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PSD Bank Logo
PSD may refer to: Educational bodies * Poudre School District, a school district in Larimer County, Colorado Government and military * Payment Services Directive, EU regulation for payment services * Pesticides Safety Directorate, UK * Presidential Study Directive, a kind of national security directive from the Obama presidency * Prevention of Significant Deterioration (PSD) permit, under the Clean Air Act (United States) * Protective Services Detail, Personal Security Detachment, or Personal Security Detail; US military security details Language * Pennsylvania Sumerian Dictionary, lexicography project for the ancient language isolate * Plains Indian Sign Language (ISO 639-3 code: psd) * Proto-South Dravidian, unattested language of south India Political parties Africa * Social Democratic Party (Angola), a political party of Angola * Social Democratic Party (Benin), a political party of Benin * Social Democratic Party of Madagascar, a political party of Madagascar * Social Democ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lower Bavaria
Lower Bavaria (, ; ) is one of the seven administrative regions of Bavaria, Germany, located in the east of the state. It consists of nine districts and 258 municipalities (including three cities). Geography Lower Bavaria is subdivided into two regions () – Landshut and Donau-Wald. Recent election results mark it as the most conservative part of Germany, generally giving huge margins to the CSU. This part of Bavaria includes the Bavarian Forest, a well-known tourist destination in Germany, and the Lower Bavarian Upland. ''Landkreise''(districts) # Deggendorf # Dingolfing-Landau # Freyung-Grafenau # Kelheim # Landshut # Passau # Regen # Rottal-Inn # Straubing-Bogen ''Kreisfreie Städte''(district-free towns) # Landshut # Passau # Straubing Population Economy The gross domestic product (GDP) of the region was €48.5 billion in 2018, accounting for 1.4% of German economic output. GDP per capita adjusted for purchasing power was €36,100 or 120% of the EU27 avera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Germany
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charitable Organization
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, Religion, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The Charity regulators, regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership. Financial figures (e.g. tax refunds, revenue from fundraising, revenue from the sale of goods and services or revenue from investment, and funds held in reserve) are indicators to assess the financial sustainability of a charity, especiall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankcard-Servicenetz
The Bankcard-Servicenetz () is a German ATM card interbank network group provided by the Volksbanken und Raiffeisenbanken services group. Technically it is not an interbank network but uses the pre-existing girocard network. Member banks of this cash credit group charge ATM usage fees at a low level and most customers of the co-operative banks enjoy free withdrawal from their accounts. With 19,200 ATMs the Bankcard-Servicenetz group is the second largest ATM group in Germany (after the savings banks network). In March 2012 more than 99% of the co-operative banks associated in the Federal Association of German 'Volksbanken und Raiffeisenbanken' Co-operative Banks participated in the Bankcard-Servicenetz network. The federal association publishes a list of banks that are ''not'' offering this service. Unlike other ATM groups like the Cash Group Cash Group is a cooperation of the four largest German private banks (Deutsche Bank, Commerzbank, HypoVereinsbank, and Postbank) and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Investment
Union Asset Management Holding AG () is the Investment banking, investment arm of the DZ Bank, DZ Bank Group and part of the cooperative financial services network. It was founded in 1956 and is headquartered in Frankfurt. Trading in open-end funds occurs in part through the 1,101 credit unions in Germany (Volksbanken Raiffeisenbanken Co-operative, including Sparda-Banks, PSD-banks, etc.) and in part through the external services of Bausparkasse Schwäbisch Hall AG, DZ Bank Group's building society. The primary shareholders in Union Investment are DZ Bank with 54.44% and WGZ Bank (the central bank of the credit unions in the Rhineland and Westphalia) with 17.72%. Other shareholders include BBBank and the credit unions through their membership associations. , Union Investment has self-declared assets under management of approximately 368.2 1,000,000,000, billion euro. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franklin Templeton Investments
Franklin Resources, Inc. is an American Multinational corporation, multinational investment management holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin, for whom the company is named, and who was admired by founder Rupert Johnson Sr. In 1973, the company's headquarters moved from New York to San Mateo, California. History The company was founded in 1947 in New York by Rupert H. (Harris) Johnson Sr. (1900–1989), who ran a successful retail brokerage firm from an office on Wall Street. He named the company for American polymath Benjamin Franklin because Franklin espoused frugality and prudence when it came to saving and investing. The company's first line of mutual funds, Franklin Custodian Funds, was a series of conservatively managed equity ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bausparkasse Schwäbisch Hall
Bausparkasse Schwäbisch Hall AG () is a building society in Germany, active abroad with subsidiaries in Eastern Europe and China. It has more than 10 million customers. Shareholders are the cooperative central bank DZ Bank (96.8 percent) in Frankfurt am Main and around 600 cooperative banks. The building society has its headquarters in the city of Schwäbisch Hall in Baden-Württemberg. It is part of the German Cooperative Financial Group which has around 11,000 branches and approximately 3,400 employees. History Today's Bausparkasse Schwäbisch Hall AG was founded in 1931 in Cologne as a German building society AG, construction savings and debt relief fund by members of the local Chamber of Crafts. After the transfer of the business office to Berlin in 1936, the German Central Cooperative Fund and most of the Central Commercial Funds participated in the company, which was meanwhile called ''Gesellschaft für zweitstelligen Grundkredit'', ''Deutscher Bausparer Aktiengesellsc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Financial Supervisory Authority
The Federal Financial Supervisory Authority (), better known by its abbreviation BaFin, is Germany's integrated financial regulatory authority. Since 2014, it has been Germany's national competent authority within European Banking Supervision. It is an independent federal institution with headquarters in Bonn and Frankfurt and falls under the supervision of the Federal Ministry of Finance. BaFin supervises about 2,700 banks, 800 financial services institutions, and over 700 insurance undertakings. History 1930s beginnings Prudential banking supervision in Germany essentially started as a consequence of the banking crisis of 1931, prior to which the only supervised credit institutions were the public savings banks. On , a decree established the office of (), for which Chancellor Heinrich Brüning appointed . In 1934, this was transformed into the , by new comprehensive banking legislation ( of ). Initially the Reichsbank was associated with the supervisory process throug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 1 euro cent coin, euro cents. The currency is also used officially by the institutions of the European Union, by International status and usage of the euro, four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cooperative Banking
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, Building society, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses. Institutions Cooperative banks Cooperative banks are owned by their customers and follow the Rochdale Principles, cooperative principle of one person, one vote. Co-operative banks are often regulated under both banking and cooperative legislation. They provide services such as savings and loans to non-members as well as to members, and some participate in the wholesale markets for bonds, money and even equities. Many cooperative banks are traded on public stock markets, with the result that they are p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Munich
Munich is the capital and most populous city of Bavaria, Germany. As of 30 November 2024, its population was 1,604,384, making it the third-largest city in Germany after Berlin and Hamburg. Munich is the largest city in Germany that is not a state of its own. It ranks as the 11th-largest city in the European Union. The metropolitan area has around 3 million inhabitants, and the broader Munich Metropolitan Region is home to about 6.2 million people. It is the List of EU metropolitan regions by GDP#2021 ranking of top four German metropolitan regions, third largest metropolitan region by GDP in the European Union. Munich is located on the river Isar north of the Alps. It is the seat of the Upper Bavaria, Upper Bavarian administrative region. With 4,500 people per km2, Munich is Germany's most densely populated municipality. It is also the second-largest city in the Bavarian language, Bavarian dialect area after Vienna. The first record of Munich dates to 1158. The city ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
