Giro center (central giro institution)

In Germany, initially associations of municipal savings banks and administrations on a public basis. The original task was to maintain the municipal cash clearing and transfer system (giro; Giro). Since then, the Girozentralen have outgrown these tasks and developed into top institutions of the German savings banks, from 1998 onwards usually called – and so also in the statistics of the Deutsche Bundesbank – Landesbank.
– See Landesbank, verticalization, central treasury.

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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/