Fürst Fugger Privatbank is a small German regional bank in

Augsburg Augsburg ( , ; ; ) is a city in the Bavaria, Bavarian part of Swabia, Germany, around west of the Bavarian capital Munich. It is a College town, university town and the regional seat of the Swabia (administrative region), Swabia with a well ...

, founded in 1954 and mainly serving the

Swabia Swabia ; , colloquially ''Schwabenland'' or ''Ländle''; archaic English also Suabia or Svebia is a cultural, historic and linguistic region in southwestern Germany. The name is ultimately derived from the medieval Duchy of Swabia, one of ...

n region of

Bavaria Bavaria, officially the Free State of Bavaria, is a States of Germany, state in the southeast of Germany. With an area of , it is the list of German states by area, largest German state by land area, comprising approximately 1/5 of the total l ...

, with 141 employees. Its name refers to the historical

Fugger The House of Fugger () is a German family that was historically a prominent group of European bankers, members of the fifteenth- and sixteenth-century mercantile patriciate of Augsburg, international mercantile bankers, and venture capitalists. ...

banking house that ceased to exist in the 17th century, but the companies have no relation.

History

Fürst Fugger Privatbank was founded when Friedrich Carl Fürst Fugger-Babenhausen acquired the small bank Friedl & Dumler GmbH in 1954. However, the bank only received its current name in 1994. Since 1999, Fürst Fugger Privatbank has been majority owned by the Nürnberger Versicherungsgruppe insurance company, although prince Hubertus Fugger-Babenhausen still holds a stake. He also owns the

Fuggerhäuser The Fuggerhäuser (''Fugger houses'') is a complex of houses on the Maximilianstraße in Augsburg, built for the Fugger family of businessmen. It is now owned by the Fugger-Babenhausen branch of the Fugger family who resides at Wellenburg castle ...

in Augsburg, where the bank has its main seat.

References

External links

Fürst Fugger Privatbank Aktiengesellschaft
{{DEFAULTSORT:Furst Fugger Privatbank Banks of Germany Companies based in Augsburg Banks established in 1954