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PSD Bank München
The PSD Bank München which has its headquarters in Augsburg, Germany, is a regional operating direct bank for private customers, who are part of the PSD Banking Group. The bank is a member of the ''Bundesverband der Deutschen Volksbanken und Raiffeisenbanken'' (BVR), together with 13 other independent PSD banks. Its business area expands across Swabia, Upper Bavaria and Lower Bavaria, where the bank serves about 85,000 private customers. The PSD is among Munichs biggest cooperative banks, with total assets of over 2 billion Euro. Its legal supervision is carried out by the Federal Financial Supervisory Authority. Services The bank offers financial services to private customers in the areas construction financing, installment loans, investment products and giro. The areas property agency, building society savings, insurances and stocks are being covered through cooperation's with the Bausparkasse Schwäbisch Hall, the DeTeAssekuranz, Franklin Templeton Investments as well as the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PSD Bank Logo
PSD may refer to: Educational bodies * Pennsylvania School for the Deaf, a Pre-K to 12th grade school for Deaf and Hard of Hearing students, located in the Germantown section of Philadelphia, Pennsylvania * Philippine School Doha, a Filipino school in Doha, Qatar * Pontiac School District, a school district in Michigan, US * Poudre School District, a school district in Larimer County, Colorado Government and military * Payment Services Directive, EU regulation for payment services * Pesticides Safety Directorate, UK * Presidential Study Directive, a kind of national security directive from the Obama presidency * Prevention of Significant Deterioration (PSD) permit, under the Clean Air Act (United States) * Protective Services Detail, Personal Security Detachment, or Personal Security Detail; US military security details Language * Pennsylvania Sumerian Dictionary, lexicography project for the ancient language isolate * Plains Indian Sign Language (ISO 639-3 code: psd) * Proto-So ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lower Bavaria
Lower Bavaria (german: Niederbayern, Bavarian: ''Niedabayern'') is one of the seven administrative regions of Bavaria, Germany, located in the east of the state. Geography Lower Bavaria is subdivided into two regions () – Landshut and Donau-Wald. Recent election results mark it as the most conservative part of Germany, generally giving huge margins to the CSU. This part of Bavaria includes the Bavarian Forest, a well-known tourist destination in Germany, and the Lower Bavarian Upland. ''Landkreise''(districts) # Deggendorf # Dingolfing-Landau # Freyung-Grafenau # Kelheim # Landshut # Passau # Regen # Rottal-Inn # Straubing-Bogen ''Kreisfreie Städte''(district-free towns) # Landshut # Passau # Straubing Population Economy The Gross domestic product (GDP) of the region was 48.5 billion € in 2018, accounting for 1.4% of German economic output. GDP per capita adjusted for purchasing power was 36,100 € or 120% of the EU27 average in the same year. The GDP per empl ... [...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 the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charitable Organization
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, Religion, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The Charity regulators, regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. (However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership). Financial figures (e.g. tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankcard-Servicenetz
The Bankcard-Servicenetz () is a German ATM card interbank network group provided by the Volksbanken und Raiffeisenbanken services group. Technically it is not an interbank network but uses the pre-existing girocard network. Member banks of this cash credit group charge ATM usage fees at a low level and most customers of the co-operative banks enjoy free withdrawal from their accounts. With 19,200 ATMs the Bankcard-Servicenetz group is the second largest ATM group in Germany (after the savings banks network). In March 2012 more than 99% of the co-operative banks associated in the Federal Association of German 'Volksbanken und Raiffeisenbanken' Co-operative Banks participated in the Bankcard-Servicenetz network. The federal association publishes a list of banks that are ''not'' offering this service. Unlike other ATM groups like the Cash Group and CashPool, the ATM service network of Bankcard-Servicenetz is not free of charge – the service fee is not waived but the compact rest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Investment
Union Investment (; formal name Union Asset Management Holding AG) is the investment arm of the DZ Bank Group and part of the cooperative financial services network. It was founded in 1956 and is headquartered in Frankfurt. Trading in open-end funds occurs in part through the 1,101 credit unions in Germany (Volksbanken Raiffeisenbanken Co-operative, including Sparda-Banks, PSD-banks, etc.) and in part through the external services of Bausparkasse Schwäbisch Hall AG, DZ Bank Group's building society. The primary shareholders in Union Investment are DZ Bank with 54.44% and WGZ Bank (the central bank of the credit unions in the Rhineland and Westphalia) with 17.72%. Other shareholders include BBBank and the credit unions through their membership associations. , Union Investment has self-declared assets under management of approximately 368.2 billion euro. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franklin Templeton Investments
Franklin Resources, Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin, for whom the company is named, and who was admired by founder Rupert Johnson Sr. In 1973, the company's headquarters moved from New York to San Mateo, California. As of October 12, 2020, Franklin Templeton held US$1.4 trillion in assets under management (AUM) on behalf of private, professional and institutional investors. History The company was founded in 1947 in New York by Rupert H. Johnson Sr., who ran a successful retail brokerage firm from an office on Wall Street. He named the company for American polymath Benjamin Franklin because Franklin espoused frugality and prudence when it came to saving and investing. The company's first line ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bausparkasse Schwäbisch Hall
Bausparkasse Schwäbisch Hall AG () is a building society in Germany, active abroad with subsidiaries in Eastern Europe and China. It has more than 10 million customers. Shareholders are the cooperative central bank DZ Bank (96.8 percent) in Frankfurt am Main and around 600 cooperative banks. The building society has its headquarters in the city of Schwäbisch Hall in Baden-Württemberg. The cooperative banks (Volksbanken und Raiffeisenbanken, Sparda-Bank, etc.) have around 11,000 branches and approximately 3,400 employees. History Today's Bausparkasse Schwäbisch Hall AG was founded in 1931 in Cologne as a German building society AG, construction savings and debt relief fund by members of the local Chamber of Crafts. After the transfer of the business office to Berlin in 1936, the German Central Cooperative Fund and most of the Central Commercial Funds participated in the company, which was meanwhile called ''Gesellschaft für zweitstelligen Grundkredit'', ''Deutscher Bauspa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Financial Supervisory Authority
The Federal Financial Supervisory Authority (german: Bundesanstalt für Finanzdienstleistungsaufsicht, Bundesanstalt für Finanzdienstleistungsaufsicht) better known by its abbreviation BaFin is the financial regulatory authority for Germany. It is an independent federal institution with headquarters in Bonn and Frankfurt and falls under the supervision of the Federal Ministry of Finance. BaFin supervises about 2,700 banks, 800 financial services institutions, and over 700 insurance undertakings. History Background Prudential banking supervision in Germany essentially started as a consequence of the banking crisis of 1931, prior to which the only supervised credit institutions were the public savings banks. On , a decree established the office of (), for which Chancellor Heinrich Brüning appointed . In 1934, this was transformed into the , by new comprehensive banking legislation (german: Kreditwesengesetz of ). Initially the Reichsbank was associated with the supervisory p ... [...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] |
Cooperative Banking
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses. A 2013 report by ILO concluded that cooperative banks outperformed their competitors during the financial crisis of 2007–2008. The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7% of all the write-downs and losses between the third quarter of 2007 and first quarter of 2011. Cooperative banks were also over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report. Credit unions in the US had five times lower failure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Munich
Munich ( ; german: München ; bar, Minga ) is the capital and most populous city of the States of Germany, German state of Bavaria. With a population of 1,558,395 inhabitants as of 31 July 2020, it is the List of cities in Germany by population, third-largest city in Germany, after Berlin and Hamburg, and thus the largest which does not constitute its own state, as well as the List of cities in the European Union by population within city limits, 11th-largest city in the European Union. The Munich Metropolitan Region, city's metropolitan region is home to 6 million people. Straddling the banks of the River Isar (a tributary of the Danube) north of the Northern Limestone Alps, Bavarian Alps, Munich is the seat of the Bavarian Regierungsbezirk, administrative region of Upper Bavaria, while being the population density, most densely populated municipality in Germany (4,500 people per km2). Munich is the second-largest city in the Bavarian dialects, Bavarian dialect area, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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