Aufsätze Ökonomik

Aufsätze Pädagogik

Aufsätze Sozialethik

Verschiedenes

Prof. Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.

Abhandlungen über Johann Heinrich Jung-Stilling

Nachtodliche Belehrungen zur Ökonomik

Nachtodliche Belehrungen zu Persönlichkeiten

Nachtodliche Belehrungen zur Philosophie

Nachtodliche Belehrungen zur Theologie

Nachtodliche Belehrungen zu verschiedenen Themen

 

Savings bank in older documents also Sparkassa (savings bank, until about 1880

penny bank): Bank primarily engaged in the deposit-taking and management of savings deposits. In Germany, savings banks were originally founded by cities and counties from around 1820 onward to enable the secure and interest-bearing investment of small sums of money for the less well-off sections of the population. Until July 2005, the guarantors (cities, counties) were liable for any debts of the institutions. For protection of designation in Germany, see § 40 KWG. – During the financial crisis that followed the subprime crisis, savings banks proved to be risk shielding and thus stabilizing for the financial system – because of their local roots, – because of their broad deposit funding, namely very many accounts of regular income earners and savers, and – because of the generally small size of the institutions. – In 2013, the savings banks had a market share of about thirty-two percent – based on business volume in Germany. – See event marketing, guarantor liability, giro center, Landesbank, name identity, penny bank, retail business, savings bank. – See BaFin Annual Report 2002, p. 64; BaFin Annual Report 2003, p. 93 f.; BaFin Annual Report 2004, p. 110 ff.; BaFin Annual Report 2007, p. 120 (number of savings banks 1998 to
2007), pp. 211 f. (alleged EU savings banks: BaFin’s prohibition order), BaFin Annual Report 2008, p. 114 (overview: number of savings banks 1999 to 2008; merger process), BaFin Annual Report 2009, pp. 128 f. (further mergers of savings banks; statistics since 1999), BaFin Annual Report 2010, pp. 145 (number continuing to decline due to mergers), BaFin’s 2011 Annual Report, p. 149 (number of institutions continues to decline; p. 159 f.: impact of Basel III on savings banks), BaFin’s 2013 Annual Report, p. 93 (number of savings banks 2003-2013), and the respective BaFin Annual Report, chapter “Supervision of Banks, Financial Service Providers, and Payment Institutions.”

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
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/

Sidebar