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LfA Förderbank Bayern
LfA Förderbank Bayern is the regional promotional bank () for the states of Germany, German state of Bavaria. It was established by law of , initially as (LfA), which makes it the oldest of the . It is headquartered in Munich. Overview LfA started operations on . It provides financing for start-ups, environmental protection, and other areas deemed of public interest. It does not compete with commercial banks but co-lends or co-invests with them and provides guarantees. It also controls investment companies, namely and . In July 2021, the latter was entrusted with the management of a €200 million scale-up fund at the initiative of the Bavarian state government. Together with other and the more commercially oriented Landesbanken, LfA Förderbank Bayern is a member of the Association of German Public Banks (VÖB). Since September 2023, it has been a member of the United Nations Global Compact. See also * KfW * German public banking sector References Banks established i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
States Of Germany
The Federal Republic of Germany is a federation and consists of sixteen partly sovereign ''states''. Of the sixteen states, thirteen are so-called area-states ('Flächenländer'); in these, below the level of the state government, there is a division into local authorities (counties and county-level cities) that have their own administration. Two states, Berlin and Hamburg, are city-states, in which there is no separation between state government and local administration. The state of Bremen (state), Bremen is a special case: the state consists of the cities of Bremen (city), Bremen, for which the state government also serves as the municipal administration, and Bremerhaven, which has its own local administration separate from the state government. It is therefore a mixture of a city-state and an area-state. Three states, Bavaria, Saxony, and Thuringia, use the appellation ("free state"); this title is merely stylistic and carries no legal or political significance (similar t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bavaria
Bavaria, officially the Free State of Bavaria, is a States of Germany, state in the southeast of Germany. With an area of , it is the list of German states by area, largest German state by land area, comprising approximately 1/5 of the total land area of Germany, and with over 13.08 million inhabitants, it is the list of German states by population, second most populous German state, behind only North Rhine-Westphalia; however, due to its large land area, its population density is list of German states by population density, below the German average. Major cities include Munich (its capital and List of cities in Bavaria by population, largest city, which is also the list of cities in Germany by population, third largest city in Germany), Nuremberg, and Augsburg. The history of Bavaria includes its earliest settlement by Iron Age Celts, Celtic tribes, followed by the conquests of the Roman Empire in the 1st century BC, when the territory was incorporated into the provinces of Ra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Munich
Munich is the capital and most populous city of Bavaria, Germany. As of 30 November 2024, its population was 1,604,384, making it the third-largest city in Germany after Berlin and Hamburg. Munich is the largest city in Germany that is not a state of its own. It ranks as the 11th-largest city in the European Union. The metropolitan area has around 3 million inhabitants, and the broader Munich Metropolitan Region is home to about 6.2 million people. It is the List of EU metropolitan regions by GDP#2021 ranking of top four German metropolitan regions, third largest metropolitan region by GDP in the European Union. Munich is located on the river Isar north of the Alps. It is the seat of the Upper Bavaria, Upper Bavarian administrative region. With 4,500 people per km2, Munich is Germany's most densely populated municipality. It is also the second-largest city in the Bavarian language, Bavarian dialect area after Vienna. The first record of Munich dates to 1158. The city ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Landesbank
In German-speaking jurisdictions, ''Landesbank'' (plural ), , refers to a category of public sector banks that are owned by one or more of the ''Länder'' ( federated internally self-governing states). Institutions of this type exist in most German states, as well as Austria and Switzerland. Austria-Hungary In the Austro-Hungarian Empire under the rule of the Habsburg monarchy, were government-sponsored banks established in some of the kingdoms and lands of the crown: * '' Landesbank des Königreichs Galizien und Lodomerien mit dem Grossherzogtum Krakau'', est. 1883 in Lemberg (now Lviv) for the Kingdom of Galicia and Lodomeria and the Grand Duchy of Kraków * '' Landesbank des Königreiches Böhmen'', est. 1890 in Prague for the Kingdom of Bohemia * '' Landesbank für Bosnien und Herzegowina'', est. 1895 in Sarajevo for Bosnia and Herzegovina under Austro-Hungarian rule * ''Bukowinaer Landesbank'', est. 1905 in Czernowitz (now Chernivtsi) for the Duchy of Bukovina * '' Kr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Association Of German Public Banks
Association may refer to: *Club (organization), an association of two or more people united by a common interest or goal *Trade association, an organization founded and funded by businesses that operate in a specific industry *Voluntary association, a body formed by individuals to accomplish a purpose, usually as volunteers * Non profit association, a body formed by individuals to accomplish a purpose without any profit interest *Collaboration, the act of working together Association in various fields of study *Association (archaeology), the close relationship between objects or contexts. *Association (astronomy), combined or co-added group of astronomical exposures *Association (chemistry) *Association (ecology), a type of ecological community *Genetic association, when one or more genotypes within a population co-occur *Association (object-oriented programming), defines a relationship between classes of objects *Association (psychology), a connection between two or more concept ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Global Compact
The United Nations Global Compact is a non-binding United Nations pact to get businesses and firms worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The UN Global Compact is the world's largest corporate sustainability and corporate social responsibility initiative, with more than 20,000 corporate participants and other stakeholders in over 167 countries. The organization consists of a global agency, and local "networks" or agencies for each participating country. Under the Global Compact, companies are brought together with UN agencies, labour groups and civil society. The UN Global Compact is a principle-based framework for businesses, stating ten principles in the areas of ''human rights'', ''labour'', ''the environment'' and ''anti-corruption''. The declared objectives of the participants and stakeholders are to "mainstream the ten principles in business activities around the world" and to "catalyse actions in s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Public Banking Sector
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. Following many steps of development, consolidation, and restructuring, the German public banking sector (leaving aside the Deutsche Bundesbank) consists mainly of two clusters: the Sparkassen-Finanzgruppe, which competes with commercial and cooperative banks and includes local savings banks () and regional entities (); and promotional and development banks () owned by the Federal Republic of Germany (in the case of KfW) or the individual states of Germany. History Gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1951
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. As 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 ancie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sub-national Development Banks
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Subnational or sub-national may refer to: * Administrative division, all administrative divisions are under the national level * Subnational legislature, a type of regional legislature, under the national level * Subnational state, a type of state, under the national level * Subnational diplomacy, a form of diplomacy, under the national level * Subnational flag, a flag of an entity under the national level See also * Supranational (other) * International (other) * Multinational (other) * Transnational (other) * National (other) National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
