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Volksbank Bielefeld-Gütersloh
The Volksbank Bielefeld-Gütersloh eG is a German regional cooperative bank based in the East Westphalian district town of Gütersloh. , it had a balance sheet total of €4.44 billion, the third-largest '' Volksbank'' in North Rhine-Westphalia, and with 108,600 members, the largest association of individuals in the '' Ostwestfalen-Lippe'' region. The bank emerged from the merger of the ''Volksbank Gütersloh'' with the smaller ''Bielefelder Volksbank'' on May 22, 2014. The Volksbank Bielefeld-Gütersloh's branches and self-service terminals are located in Bielefeld, Gütersloh, Rheda-Wiedenbrück, Verl (excluding Kaunitz), Steinhagen, Herzebrock, Schloß Holte-Stukenbrock, Rietberg-Bokel, Langenberg-Benteler and Versmold-Peckeloh. Two self-service terminals are located in corporate buildings of Bertelsmann. History In 1892, 77 cooperative members founded the ''Gütersloh Spar- und Leihbank e.G.m.b.H'' with 14,110 Mark start-up capital, to whose founders and supervisory board ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eingetragene Genossenschaft
An "eG" or eingetragene Genossenschaft is a "registered cooperative society" under German Law. Unregistered cooperatives are also possible in Germany but practically never used in practice. In 2004 there were 5470 registered cooperative societies. "eG"'s are relatively rare commercial entities in Germany. In some ways they're similar to registered associations (i.e. "eV" or eingetragener Verein) except for the fact that an "eG" may carry out "commercial operations" whereas a "registered association" (i.e. club) is specifically restricted under German laSection §21 of the German Civil Code or "Bürgerliches Gesetzbuch(BGB)"to being a "non-economic association" i.e. it may not carry out any commercial business operations. They are a special form of commercial association established to reduce barriers of entry for specific activities that lie in the public interest. The "eG" seems like a mixture of capital (especially Company) and an association. These organizations have limited ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Finance
Corporate finance is an area of finance that deals with the sources of funding, and the capital structure of businesses, 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.SeCorporate Finance: First Principles Aswath Damodaran, New York University's Stern School of Business Correspondingly, corporate finance comprises two main sub-disciplines. Capital budgeting is concerned with the setting of criteria about which value-adding Project#Corporate finance, 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 operating balance of current assets and Current liability, cu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cooperative Banks Of Germany
A cooperative (also known as co-operative, coöperative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise". Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. They differ from collectives in that they are generally built from the bottom-up, rather than the top-down. Cooperatives may include: * Worker cooperatives: businesses owned and managed by the people who work there * Consumer cooperatives: businesses owned and managed by the people who consume goods and/or services provided by the cooperative * Producer cooperatives: businesses where producers pool their output for their common benefit ** e.g. Agricultural cooperatives * Purchasing cooperatives where members pool their purchasing power * Multi-stakeholder or hybrid cooperatives tha ... [...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. 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 ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vorstand
In German corporate governance, a ''Vorstand'' is the executive board of a corporation (public limited company). It is hierarchically subordinate to the supervisory board (''Aufsichtsrat''), as German company law imposes a two-tier board of directors. German law confers executive powers on the executive board as a body. It is expected to act collectively and collegially. Unlike the executive committee (a.k.a. operating committee or executive council) of a U.S. or UK company, the executive board is not an adjunct of the CEO (managing director). In contrast to Japanese corporate governance, the German executive board has real decision-making power.Charkham, page 85 It is, by law, the managing body of a company and cannot be instructed by any legal person, be they natural or artificial, to act in such a way as to harm the business. Executive board members are personally liable for accepting any such instructions. The specific scope of an executive board's duties varies from bus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warendorf
Warendorf (, Westphalian language, Westphalian: ''Warnduorp'') is a town in North Rhine-Westphalia, Germany, and capital of Warendorf (district), Warendorf District. The town is best known today for its well-preserved medieval town centre, for equestrianism, horse-riding, and the opportunities it provides for cycling. Bicycles are such a common means of transport in the area that many cycle paths have been built, even alongside main roads outside the town. History The origin and name Warendorf date back to the ancient Saxon royal court of Warintharpa (“the village on the embankment”), which was most likely already formed in 700 BC. Between the years of 1197 and 1201 Warendorf became a town. During this time, among the already established parish, which belonged to the “old church” (St. Laurentius), a new, second parish with the “new church” (Marienkirche) was formed just west of the town centre. The medieval records of the founding of Warendorf are missing, along with s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 1 euro cent coin, euro cents. The currency is also used officially by the institutions of the European Union, by International status and usage of the euro, 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. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balance Sheet
In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a "snapshot of a company's financial condition". It is the summary of each and every financial statement of an organization. Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time of a business's calendar year. A standard company balance sheet has two sides: assets on the left, and financing on the right–which itself has two parts; liabilities and ownership equity. The main categories of assets are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automated Teller Machine
An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of other names, including automatic teller machines (ATMs) in the United States (sometimes RAS syndrome, redundantly as "ATM machine"). In Canada, the term automated banking machine (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM rather than ABM. In British English, the terms cashpoint, cash machine and hole in the wall are also used. ATMs that are Independent ATM deployer, not operated by a financial institution are known as "White-label ABMs, white-label" ATMs. Using an ATM, customers can access their bank deposit or credit accounts in order to make ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecology
Ecology () is the natural science of the relationships among living organisms and their Natural environment, environment. Ecology considers organisms at the individual, population, community (ecology), community, ecosystem, and biosphere levels. Ecology overlaps with the closely related sciences of biogeography, evolutionary biology, genetics, ethology, and natural history. Ecology is a branch of biology, and is the study of abundance (ecology), abundance, biomass (ecology), biomass, and distribution of organisms in the context of the environment. It encompasses life processes, interactions, and adaptations; movement of materials and energy through living communities; ecological succession, successional development of ecosystems; cooperation, competition, and predation within and between species; and patterns of biodiversity and its effect on ecosystem processes. Ecology has practical applications in fields such as conservation biology, wetland management, natural resource m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
