When a business customer applies for a loan, banks are generally required to submit a balance sheet certified by an auditor or tax advisor in accordance with Section 18 of the German Banking Act (KWG). The supervisory authorities consider this requirement to be justified. – See BaFin Annual Report 2004, p. 74.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/