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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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DZ Bank
DZ Bank AG () is the second largest bank in Germany by asset size and the central institution for around 800 cooperative banks and their around 8,500 branch offices. Within the German Cooperative Financial Group, which is one of Germany's largest private sector financial service organizations, DZ Bank functions both as a central institution and as a corporate and investment bank. DZ Bank is an acronym for Deutsche Zentral-Genossenschaftsbank (literally "German Central Cooperative Bank"). As a holding, the DZ Bank Group defines itself primarily as a service provider for local cooperative banks and their 30 million or so clients. The DZ Bank Group includes: DVB Bank, a transportation finance bank; Bausparkasse Schwäbisch Hall, a building society; DZ HYP (), a provider of commercial real estate finance; DZ Privatbank Gruppe; R+V Versicherung, an insurance company; TeamBank, a provider of consumer finance; Union Investment Group, an asset management company; VR Leasing; an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 of the firm to the shareholders, and the tools and analysis used to allocate financial resources. The primary goal of corporate finance is to maximize or increase 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 equity or debt capital. Working capital management is the management of the company's monetary funds that deal with the short-term operating balance of current assets and current liabilities; the focus here is on managing cash, inventories, and short-term borrowing and lending (such as the terms on credit extended to customers). The terms corporate finance and corporate financier ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Jan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 be a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ''internetworking, 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 Web application, applications of the World Wide Web (WWW), email, electronic mail, internet telephony, 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 mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berlin
Berlin is Capital of Germany, the capital and largest city of Germany, both by area and List of cities in Germany by population, by population. Its more than 3.85 million inhabitants make it the European Union's List of cities in the European Union by population within city limits, most populous city, as measured by population within city limits having gained this status after the United Kingdom's, and thus London's, Brexit, departure from the European Union. Simultaneously, the city is one of the states of Germany, and is the List of German states by area, third smallest state in the country in terms of area. Berlin is surrounded by the state of Brandenburg, and Brandenburg's capital Potsdam is nearby. The urban area of Berlin has a population of over 4.5 million and is therefore the most populous urban area in Germany. The Berlin/Brandenburg Metropolitan Region, Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Germany's second-largest metropolitan reg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote Counter
A banknote counter or bill counter is a device designed primarily to accurately count a quantity of banknotes. Additionally, a banknote counter may sort banknotes into batches and check for damaged or counterfeit notes. History The first automatic bill counting machines (or money counting machines) were introduced in the 1920s in the United States and were produced by the Federal Bill Counter Company of Washington, D.C. These machines were designed to increase efficiency in tellers in the Federal Reserve Bank and reduce human error. The machine would stop once a set “batch” of notes was reached allowing a teller to insert a wooden block to keep batches separate. Modern counting machines use a technology developed by Tokyo Calculating Machine Works of Shinagawa, Tokyo and introduced in 1962. It quickly dominated the market for increased speed and accuracy. In 1981 computerized friction note counters were introduced in the form of the REI High-Speed machine, which sped up no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frankfurt Am Main
Frankfurt, officially Frankfurt am Main (; Hessian dialects, Hessian: , "Franks, Frank ford (crossing), ford on the Main (river), Main"), is the most populous city in the States of Germany, German state of Hesse. Its 791,000 inhabitants as of 2022 make it the List of cities in Germany by population, fifth-most populous city in Germany. Located on its namesake Main (river), Main River, it forms a continuous conurbation with the neighboring city of Offenbach am Main and Frankfurt Rhein-Main Regional Authority, 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 Metropolitan regions in Germany, second-largest metropolitan region after the Rhine-Ruhr region. Frankfurt's central business district, the Bankenviertel, lies about northwest of the geographic centre of the EU, geographic center of the EU at Gadheim, Lower Franconia. Like France and Franc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro (symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
