A savings bank is a financial institution whose primary purpose is accepting savings deposits and paying interest on those deposits.
Helaba, short for Landesbank Hessen-Thüringen, is a commercial bank with core regions in Hesse and Thuringia, Germany offering financial services to companies, banks, institutional investors and the public sector, both within Germany and internationally. At the same time, it is the central clearing institution and service provider for 40 percent of German savings banks. Helaba is an institution incorporated under public law. With approximately 6,300 employees and two headquarters in Frankfurt and Erfurt, the bank maintains branches in Düsseldorf and Kassel as well as offices in Berlin, Stuttgart, Munich and Muenster. On an international level, Helaba acts through branches and representative offices in Paris, London, New York, Madrid, Moscow, Shanghai, and Singapore. Frankfurter Sparkasse, the leading retail bank in the Rhine-Main region, is a wholly owned subsidiary of Helaba. The Helaba Group also comprises the online bank 1822direkt, LBS Hessen-Thüringen and WIBank. The latter implements development programmes of the State of Hesse. Further Helaba subsidiaries are Helaba Invest Kapitalanlagegesellschaft, Frankfurter Bankgesellschaft and the OFB Group.
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking.
The Hamburg Marathon is an annual marathon race over the classic distance of 42.195 km (26.219 mi) held in Hamburg, Germany. In 2009, 13,938 participants were counted. The marathon is categorized as a Gold Label Road Race by World Athletics.
S-Bank Plc is a Finnish retail bank and wealth manager. It is owned by SOK Corporation and the regional co-operatives in the S-Group, a Finnish retailing cooperative organisation.
The Association of German Public Banks is a leading association within the German banking sector, bringing together most of the German public banking sector except the local-level savings banks. Its membership includes 63 banks, including the Landesbanks that are also members of the Deutscher Sparkassen- und Giroverband (DSGV) and form part of the Sparkassen-Finanzgruppe, and promotional and development banks owned by the Federal Republic of Germany or the individual German federal states.
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.
The New York State Banking Department was created by the New York Legislature on April 15, 1851, with a chief officer to be known as the Superintendent. The New York State Banking Department was the oldest bank regulatory agency in the United States.
Georg Fahrenschon is a German politician of the Christian Social Union (CSU). From 2008 to 2011, he served as finance minister in the Bavarian State Ministry of Finance. He was a member of the Bundestag of Germany until 2007.
Erste Group Bank AG is an Austrian financial service provider in Central and Eastern Europe serving 15.7 million clients in over 2,700 branches in seven countries.
The Stadt- und Kreissparkasse Leipzig is a Sparkasse, a public savings bank, based in Leipzig, Saxony. It is one of the largest financial institutions in the new German Länder.
Banking foundation is a type of foundation that originated as a bank. The banking reforms split the banks into limited company and holding company.
The Sparda-Banks in Germany are eleven cooperative banks which are consolidated in the Verband der Sparda-Banken e. V.. Traditionally they are specialized in the retail banking business. The eleven, legally independent banks operate according to the regional principle, which means that each bank is responsible for a set business area and accepts customers only from that area.
The Sparkasse Mittelholstein AG, based in Rendsburg, is one of five free public savings banks existing in Germany.
The Sparkasse zu Lübeck AG, based in Lübeck, is one of five free public savings banks that still exist in Germany.
The Tiroler Sparkasse Bankaktiengesellschaft Innsbruck was founded in 1822 and holds a leading position in its regional market with a market share of around 30% for private customers and almost 50% for corporate customers. It has around 153,500 customers. The focus is on private customers, freelancers and small and medium-sized enterprises. Tiroler Sparkasse is part of the Sparkassengruppe Österreich. It is also a member of the Savings Banks Liability Association, which guarantees the payment of customer deposits in excess of the legally guaranteed amount of €100,000.
The Steiermärkische Bank und Sparkassen AG was founded in 1825 as Vereinssparkasse and is thus the oldest financial institution in Styria. Business operations began on 15 May 1825 at the first business premises at Landhaus, Schmiedgasse No. 9. The actual founder of the Steiermärkische Sparkasse was the Emperor's personal representative and Governor in Styria: Franz von Hartig. Since 1823 he had been the Imperial and Royal Count of Styria, Governor of Styria and thus head of the Imperial and Royal Styrian Gubernium, the country's highest political authority. In addition to his political responsibilities, he also was in a role inspired him to found a Sparkasse in Graz. Since 1823 he had been a member of the Association of the First Austrian Spar-Casse with direct insight into the beginnings of the Sparkassen system in Austria. As early as 1824 he had decided to found an institute of this kind in Styria as well.
The Sparkassen-Finanzgruppe is a network of public banks that together form the largest financial services group in Germany and in all of Europe. Its name refers to local government-controlled savings banks that are known in German as Sparkasse, plural Sparkassen. Its activity is overwhelmingly located in Germany.
The German public banking sector 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 never lost their collective significance. They are typically referred to as one of the three “pillars” of the German banking system, the other two pillars being the cooperative banks and commercial banks.
The Sparkassengruppe Österreich brings together all savings banks in Austria. Tracing its origins to 1819, it serves around 4 million customers in 797 branches with more than 15,500 employees, with a customer share in Austria around 31.2% as of December 2022. The group has a complex decentralized structure but relies critically on Erste Group Bank AG, which owns the main local savings bank in Vienna, operates central functions, owns and manages subsidiaries outside of Austria, and consolidates group accounts. The Österreichischer Sparkassenverband acts as the group's national representative body.
