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Norisbank
The Norisbank GmbH is a German bank with headquarters in Bonn. Since 2 November 2006, it has been a subsidiary of ''Deutsche Bank'' and since 27 July 2012 purely a direct bank. History The roots of Norisbank date back to the year 1954. Starting that year, the mail-order company ''Quelle'' offered to finance its products via Noris purchase aid. On 4 June 1965, Noris Kreditbank GmbH was founded in Nuremberg. The business objective was to expand the financing of the entire supply of ''Quelle'' and its subsidiaries in the mail order and in the stationary sector. In the year 1969 Noris purchase aid changed its name to Noris Bank GmbH. The name change was accompanied by an expansion of the product range to include banking services such as checking and savings accounts. In 1984, Norisbank GmbH merged with ''Hamburg Verbraucherbank GmbH''. The reason for the takeover of the previously independent ''Verbraucherbank GmbH'' was the acquisition of the first German customer self-service syst ...
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Norisbank Logo
The Norisbank GmbH is a German bank with headquarters in Bonn. Since 2 November 2006, it has been a subsidiary of ''Deutsche Bank'' and since 27 July 2012 purely a direct bank. History The roots of Norisbank date back to the year 1954. Starting that year, the mail-order company ''Quelle'' offered to finance its products via Noris purchase aid. On 4 June 1965, Noris Kreditbank GmbH was founded in Nuremberg. The business objective was to expand the financing of the entire supply of ''Quelle'' and its subsidiaries in the mail order and in the stationary sector. In the year 1969 Noris purchase aid changed its name to Noris Bank GmbH. The name change was accompanied by an expansion of the product range to include banking services such as checking and savings accounts. In 1984, Norisbank GmbH merged with ''Hamburg Verbraucherbank GmbH''. The reason for the takeover of the previously independent ''Verbraucherbank GmbH'' was the acquisition of the first German customer self-service syst ...
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Norisbank Logo
The Norisbank GmbH is a German bank with headquarters in Bonn. Since 2 November 2006, it has been a subsidiary of ''Deutsche Bank'' and since 27 July 2012 purely a direct bank. History The roots of Norisbank date back to the year 1954. Starting that year, the mail-order company ''Quelle'' offered to finance its products via Noris purchase aid. On 4 June 1965, Noris Kreditbank GmbH was founded in Nuremberg. The business objective was to expand the financing of the entire supply of ''Quelle'' and its subsidiaries in the mail order and in the stationary sector. In the year 1969 Noris purchase aid changed its name to Noris Bank GmbH. The name change was accompanied by an expansion of the product range to include banking services such as checking and savings accounts. In 1984, Norisbank GmbH merged with ''Hamburg Verbraucherbank GmbH''. The reason for the takeover of the previously independent ''Verbraucherbank GmbH'' was the acquisition of the first German customer self-service syst ...
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Norisbank
The Norisbank GmbH is a German bank with headquarters in Bonn. Since 2 November 2006, it has been a subsidiary of ''Deutsche Bank'' and since 27 July 2012 purely a direct bank. History The roots of Norisbank date back to the year 1954. Starting that year, the mail-order company ''Quelle'' offered to finance its products via Noris purchase aid. On 4 June 1965, Noris Kreditbank GmbH was founded in Nuremberg. The business objective was to expand the financing of the entire supply of ''Quelle'' and its subsidiaries in the mail order and in the stationary sector. In the year 1969 Noris purchase aid changed its name to Noris Bank GmbH. The name change was accompanied by an expansion of the product range to include banking services such as checking and savings accounts. In 1984, Norisbank GmbH merged with ''Hamburg Verbraucherbank GmbH''. The reason for the takeover of the previously independent ''Verbraucherbank GmbH'' was the acquisition of the first German customer self-service syst ...
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Deutsche Bank
Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. It was founded in 1870 and grew through multiple acquisitions, including Disconto-Gesellschaft in 1929 (as a consequence of which it was known from 1929 to 1937 as Deutsche Bank und Disconto-Gesellschaft or "DeDi-Bank"), Bankers Trust in 1998, and Deutsche Postbank in 2010. As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. As of 2021, Deutsche Bank was the 21st largest bank in the world by total assets and 93rd in the world by market capitalization. It is a component of the DAX stock market index, and often referred to as the largest German banking institution even though the Sparkassen-Finanzgruppe comes well ahead in terms of combined assets. Deutsche Bank has bee ...
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CashPool
CashPool is a cooperation of a multitude of smaller or virtual German private banks, in which they mutually waive ATM usage fees for their customers. It is not an interbank network but uses the pre-existing German ATM or Maestro/Cirrus networks. With more than 3200 ATMs, the cooperating banks' ATM networks form the smallest ATM group in Germany. The cooperation was founded in 2000. Its primary competitor in Germany is Cash Group. Background Most banks in Germany, while connected through the German ATM network, charge ATM usage fees for customers of other banks. In 1998, the six largest German private banks established Cash Group, mutually waiving these fees within the Group. After the formation, other private banks tried to join Cash Group but were not accepted into the Group. Being smaller than the six large private banks, they operated fewer ATMs and thus would have unilaterally benefited from the use of the other bank's larger networks. As a consequence, several of t ...
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Frankfurt Am Main
Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its namesake Main River, it forms a continuous conurbation with the neighboring city of Offenbach am Main and its urban area has a population of over 2.3 million. The city is the heart of the larger Rhine-Main metropolitan region, which has a population of more than 5.6 million and is Germany's second-largest metropolitan region after the Rhine-Ruhr region. Frankfurt's central business district, the Bankenviertel, lies about northwest of the geographic center of the EU at Gadheim, Lower Franconia. Like France and Franconia, the city is named after the Franks. Frankfurt is the largest city in the Rhine Franconian dialect area. Frankfurt was a city state, the Free City of Frankfurt, for nearly five centuries, and was one of the most import ...
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Corporate Finance
Corporate finance is the area of finance that deals with the sources of funding, the capital structure of corporations, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and analysis used to allocate financial resources. The primary goal of corporate finance is to Shareholder value, maximize or increase valuation (finance), shareholder value. Correspondingly, corporate finance comprises two main sub-disciplines. Capital budgeting is concerned with the setting of criteria about which value-adding projects should receive investment funding, and whether to finance that investment with ownership equity, equity or debt capital. Working capital management is the management of the company's monetary funds that deal with the short-term business operations, operating balance of current assets and Current liability, current liabilities; the focus here is on managing cash, inventory, inventories, and short-term borrowing an ...
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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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Deutsche Postbank
Postbank is the retail banking division of Deutsche Bank, which was formed from the demerger of the postal savings division of Deutsche Bundespost in 1990. Since May 2018, it operates as a brand of Deutsche Bank's retail arm. It serves 13 million customers in around 1,000 branches and 700 advisory centers. History The ''Postscheckdienst'' was introduced in 1909 by the German Reich establishing accounts for payment transactions by mail and linking postal and banking services in German states. In 1990, following the German Postal Services Restructuring Act (''Poststrukturgesetz'') of 1989, the German Postal Service (Deutsche Bundespost) was divided into three companies, Deutsche Post, Deutsche Telekom and Postbank. Later that year, Deutsche Post Postbank of the former East Germany was merged with Postbank. From 1990 to 1997, Günter Schneider was chairman of the board. The first board of Postbank consisted of Günter Schneider, Rudolf Bauer and Bernhard Zurhorst. On 1 January 19 ...
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Telephone Banking
Telephone banking is a service provided by a bank or other financial institution, that enables customers to perform over the telephone a range of financial transactions which do not involve cash or Financial instruments (such as cheques), without the need to visit a bank branch or ATM. History Telephone banking became commercially available in the 1980s, first introduced by Girobank in the United Kingdom, which established a dedicated telephone banking service in 1984. Telephone banking saw growth during the 1980s and early 1990s, and was heavily used by the first generation of direct banks. However, the development online banking in the early 2000s started a long term decline in the use of telephone banking in favor of internet banking. The advent of mobile banking further eroded the use of telephone banking in the 2010s. Operation To use a financial institution's telephone banking facility, a customer must first register with the institution for the service. They would ...
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Internet
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the inter-linked hypertext documents and applications of the World Wide Web (WWW), electronic mail, telephony, and file sharing. The origins of the Internet date back to the development of packet switching and research commissioned by the United States Department of Defense in the 1960s to enable time-sharing of computers. The primary precursor network, the ARPANET, initially served as a backbone for interconnection of regional academic and military networks in the 1970s to enable resource shari ...
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Berlin
Berlin ( , ) is the capital and largest city of Germany by both area and population. Its 3.7 million inhabitants make it the European Union's most populous city, according to population within city limits. One of Germany's sixteen constituent states, Berlin is surrounded by the State of Brandenburg and contiguous with Potsdam, Brandenburg's capital. Berlin's urban area, which has a population of around 4.5 million, is the second most populous urban area in Germany after the Ruhr. The Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Germany's third-largest metropolitan region after the Rhine-Ruhr and Rhine-Main regions. Berlin straddles the banks of the Spree, which flows into the Havel (a tributary of the Elbe) in the western borough of Spandau. Among the city's main topographical features are the many lakes in the western and southeastern boroughs formed by the Spree, Havel and Dahme, the largest of which is Lake Müggelsee. Due to its l ...
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