Development Bank Of Saxony
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Development Bank Of Saxony
The Development Bank of Saxony (known as SAB from the German name ''Sächsische Aufbaubank'') was founded in 1991 and is the state development institution for the state of Saxony, Germany. Activities The Development Bank of Saxony allocates subsidies e.g. from the European Regional Development Fund in the form of grants, sureties and loans into various sectors of the economy e.g. technology, as well as into residential and municipal construction. In the business year 2016, the bank made over 50,000 payments and grants totalling almost 1.4 billion euro and loans of over 450 million euro. Location The headquarters of the Development Bank of Saxony is in Leipzig since January 2017, although the headquarters building was completed only in 2021. A branch office will be kept at the former headquarter building in Dresden. The bank also has customer centers in Leipzig, Dresden and Chemnitz and a regional office in Görlitz Görlitz (; pl, Zgorzelec, hsb, Zhorjelc, cz, Zhoř ...
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Dresden Sächsische Aufbaubank (01)
Dresden (, ; Upper Saxon: ''Dräsdn''; wen, label=Upper Sorbian, Drježdźany) is the capital city of the German state of Saxony and its second most populous city, after Leipzig. It is the 12th most populous city of Germany, the fourth largest by area (after Berlin, Hamburg and Cologne), and the third most populous city in the area of former East Germany, after Berlin and Leipzig. Dresden's urban area comprises the towns of Freital, Pirna, Radebeul, Meissen, Coswig, Radeberg and Heidenau and has around 790,000 inhabitants. The Dresden metropolitan area has approximately 1.34 million inhabitants. Dresden is the second largest city on the River Elbe after Hamburg. Most of the city's population lives in the Elbe Valley, but a large, albeit very sparsely populated area of the city east of the Elbe lies in the West Lusatian Hill Country and Uplands (the westernmost part of the Sudetes) and thus in Lusatia. Many boroughs west of the Elbe lie in the foreland of the Ore Mount ...
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Leipzig
Leipzig ( , ; Upper Saxon: ) is the most populous city in the German state of Saxony. Leipzig's population of 605,407 inhabitants (1.1 million in the larger urban zone) as of 2021 places the city as Germany's eighth most populous, as well as the second most populous city in the area of the former East Germany after (East) Berlin. Together with Halle (Saale), the city forms the polycentric Leipzig-Halle Conurbation. Between the two cities (in Schkeuditz) lies Leipzig/Halle Airport. Leipzig is located about southwest of Berlin, in the southernmost part of the North German Plain (known as Leipzig Bay), at the confluence of the White Elster River (progression: ) and two of its tributaries: the Pleiße and the Parthe. The name of the city and those of many of its boroughs are of Slavic origin. Leipzig has been a trade city since at least the time of the Holy Roman Empire. The city sits at the intersection of the Via Regia and the Via Imperii, two important medieval trad ...
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Saxon Development Bank HQ, Leipzig
The Saxons ( la, Saxones, german: Sachsen, ang, Seaxan, osx, Sahson, nds, Sassen, nl, Saksen) were a group of Germanic * * * * peoples whose name was given in the early Middle Ages to a large country (Old Saxony, la, Saxonia) near the North Sea coast of northern Germania, in what is now Germany. In the late Roman Empire, the name was used to refer to Germanic coastal raiders, and as a name similar to the later "Viking". Their origins are believed to be in or near the German North Sea coast where they appear later, in Carolingian times. In Merovingian times, continental Saxons had been associated with the activity and settlements on the coast of what later became Normandy. Their precise origins are uncertain, and they are sometimes described as fighting inland, coming into conflict with the Franks and Thuringians. There is possibly a single classical reference to a smaller homeland of an early Saxon tribe, but its interpretation is disputed. According to this proposal, the ...
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Saxony
Saxony (german: Sachsen ; Upper Saxon: ''Saggsn''; hsb, Sakska), officially the Free State of Saxony (german: Freistaat Sachsen, links=no ; Upper Saxon: ''Freischdaad Saggsn''; hsb, Swobodny stat Sakska, links=no), is a landlocked state of Germany, bordering the states of Brandenburg, Saxony-Anhalt, Thuringia, Bavaria, as well as the countries of Poland and the Czech Republic. Its capital is Dresden, and its largest city is Leipzig. Saxony is the tenth largest of Germany's sixteen states, with an area of , and the sixth most populous, with more than 4 million inhabitants. The term Saxony has been in use for more than a millennium. It was used for the medieval Duchy of Saxony, the Electorate of Saxony of the Holy Roman Empire, the Kingdom of Saxony, and twice for a republic. The first Free State of Saxony was established in 1918 as a constituent state of the Weimar Republic. After World War II, it was under Soviet occupation before it became part of the communist East Ger ...
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Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between the Baltic and North seas to the north, and the Alps to the south; it covers an area of , with a population of almost 84 million within its 16 constituent states. Germany borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its financial centre is Frankfurt; the largest urban area is the Ruhr. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the bulk of the Holy Roman Empire. During the 16th ce ...
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European Regional Development Fund
The European Regional Development Fund (ERDF) is one of the European Structural and Investment Funds allocated by the European Union. Its purpose is to transfer money from richer regions (not countries), and invest it in the infrastructure and services of underdeveloped regions. This will allow those regions to start attracting private sector investments, and create jobs on their own. History During the 1960s, the European Commission occasionally tried to establish a regional fund, but only Italy ever supported it. Britain made it an issue for its accession in 1973, and pushed for its creation at the 1972 summit in Paris. Britain was going to be a large contributor to the CAP and the EEC budget, and sought to offset this deficit by having the ERDF established. They would then be able to show their public some tangible benefits of EEC membership. The ERDF was set to be running by 1973, but the 1973 oil crisis delayed it, and it was only established in 1975 under considerable Brit ...
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HQ Of SAB Leipzig
HQ may refer to: * Headquarters * High quality (other) Games * ''HQ'' (video game), a live trivia game app * ''HeroQuest'' (role-playing game) * '' Chase H.Q.'', an arcade racing game Businesses and utilities * HQ an imprint of HarperCollins * HQ Bank, a Swedish investment bank * Home Quarters Warehouse, a defunct retail chain * Harmony Airways Harmony Airways was an airline headquartered in Richmond, British Columbia, Canada, a suburb of Vancouver. It operated holiday flights from Canada to Mexico, Hawaii and Las Vegas, Nevada. Its main base was Vancouver International Airport.Flight ...' IATA airline designator * Thomas Cook Airlines Belgium's defunct IATA airline code Other uses * ''HQ'' (album), a 1975 album by Roy Harper * HAVE QUICK, a frequency-hopping system used to protect military UHF radio traffic * Geely HQ (Haoqing), a car model * Holden HQ, a range of car models * Twickenham Stadium or HQ, a rugby union stadium in London, England * Howlan ...
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Dresden
Dresden (, ; Upper Saxon: ''Dräsdn''; wen, label=Upper Sorbian, Drježdźany) is the capital city of the German state of Saxony and its second most populous city, after Leipzig. It is the 12th most populous city of Germany, the fourth largest by area (after Berlin, Hamburg and Cologne), and the third most populous city in the area of former East Germany, after Berlin and Leipzig. Dresden's urban area comprises the towns of Freital, Pirna, Radebeul, Meissen, Coswig, Radeberg and Heidenau and has around 790,000 inhabitants. The Dresden metropolitan area has approximately 1.34 million inhabitants. Dresden is the second largest city on the River Elbe after Hamburg. Most of the city's population lives in the Elbe Valley, but a large, albeit very sparsely populated area of the city east of the Elbe lies in the West Lusatian Hill Country and Uplands (the westernmost part of the Sudetes) and thus in Lusatia. Many boroughs west of the Elbe lie in the foreland of the Ore Mounta ...
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Chemnitz
Chemnitz (; from 1953 to 1990: Karl-Marx-Stadt , ) is the third-largest city in the German state of Saxony after Leipzig and Dresden. It is the 28th largest city of Germany as well as the fourth largest city in the area of former East Germany after (East) Berlin, Leipzig and Dresden. The city is part of the Central German Metropolitan Region, and lies in the middle of a string of cities sitting in the densely populated northern foreland of the Elster and Ore Mountains, stretching from Plauen in the southwest via Zwickau, Chemnitz and Freiberg to Dresden in the northeast. Located in the Ore Mountain Basin, the city is surrounded by the Ore Mountains to the south and the Central Saxon Hill Country to the north. The city stands on the Chemnitz River (progression: ), which is formed through the confluence of the rivers Zwönitz and Würschnitz in the borough of Altchemnitz. The name of the city as well as the names of the rivers are of Slavic origin. Chemnitz is the third larg ...
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Görlitz
Görlitz (; pl, Zgorzelec, hsb, Zhorjelc, cz, Zhořelec, :de:Ostlausitzer Mundart, East Lusatian dialect: ''Gerlz'', ''Gerltz'', ''Gerltsch'') is a town in the Germany, German state of Saxony. It is located on the Lusatian Neisse River, and is the largest town in Upper Lusatia as well as the second-largest town in the region of Lusatia, after Cottbus. Görlitz is the easternmost town in Germany (easternmost village is Zentendorf, Zentendorf (Šćeńc)), and lies opposite the Poland, Polish town of Zgorzelec, which was the eastern part of Görlitz until 1945. The town has approximately 56,000 inhabitants, which make Görlitz the List of cities in Saxony by population, sixth-largest town in Saxony. It is the seat of the Görlitz (district), district of Görlitz. Together with Zgorzelec, it forms the Euro City of Görlitz/Zgorzelec, which has a combined population of around 86,000. While not Sorbian languages, Lusatiophone itself, the town is situated just east of the Sorbian la ...
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Banks Of Germany
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. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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