Fürst Fugger Privatbank is a small German regional bank in
Augsburg, founded in 1954 and mainly serving the
Swabia
Swabia ; german: Schwaben , colloquially ''Schwabenland'' or ''Ländle''; archaic English also Suabia or Svebia is a cultural, historic and linguistic region in southwestern Germany.
The name is ultimately derived from the medieval Duchy of ...
region of
Bavaria, with 141 employees. Its name references the historical
Fugger
The House of Fugger () is a German upper bourgeois family that was historically a prominent group of European bankers, members of the fifteenth- and sixteenth-century mercantile patriciate of Augsburg, international mercantile bankers, and vent ...
banking house that ceased to exist in the 17th century, but the companies have no relation.
History
Fürst Fugger Privatbank was founded when Friedrich Carl Fürst Fugger-Babenhausen acquired the small bank Friedl & Dumler GmbH in 1954. However, the bank only received its current name in 1994.
Since 1999, Fürst Fugger Privatbank has been majority owned by the
Nürnberger Versicherungsgruppe insurance company, although prince Hubertus Fugger-Babenhausen still holds a stake. He also owns the
Fuggerhäuser in Augsburg where the bank has its main seat.
References
External links
Fürst Fugger Privatbank Aktiengesellschaft
{{DEFAULTSORT:Furst Fugger Privatbank
Banks of Germany
Companies based in Augsburg
Banks established in 1954