Presentation on theme: "German Culture Project Q4 German Economy German Banks: Role of Banks in German Economy Dirk Hamel-Wood."— Presentation transcript:
German Culture Project Q4 German Economy German Banks: Role of Banks in German Economy Dirk Hamel-Wood
Types of Banks Central Banking Administration: The Deutsche Bundesbank - The countries main financial centre. 1. Logo for Deutsche Bundesbank
Types of Banks Private Banks: -Deutsche Bank -Dresdner Bank -Commerzbank These three Banks are omnipresent in unified Germany and have many offices with a wide- reaching influence. 2. Commerzbank Building
Types of Banks Public and Cooperative Institutions: Basically, all the regular banks. Serve normal banking purposes for everyday people. 2. German state- owned bank
Role of German Banks Central Banking Administration: -EU’s most powerful independent Bank. -Before the issue of the euro, it distributed the German currency, the Deutschmark. -Has representative banks at state level. -Is independently owned, not controlled by the government.
Role of German Banks Private Banks: -Banks provide financing for private businesses and enterprises. While they do conduct regular banking services, they just aren’t in such large quantity and are not the main focus.
Role of German Banks Public and Cooperative Institutions: -Function as “Universal Banks.” -This means they offer banking, saving, foreign exchange, and investment services. -They also hold funds or other assets, broker securities, underwrite equity issues, give advice on asset placement, and manage accounts.
Quiz Questions 1.Which of these is not one of the three main private banks? A. Deutsche Bank B. Deutsch Bank C. Dresdner Bank 2. Public and Cooperative Institutions are what kind of bank? A. shore/embankment B. There are different kinds of banks? C. Universal Banks
Answers 1) B. Deutsch Bank 2) C. Universal Banks
References Me– I wrote this Powerpoint. many_economy_banking_and_its_role~1398.html many_economy_banking_and_its_role~1398.html many/58030/The-private-banking-sector many/58030/The-private-banking-sector bundesbank.svg.png bundesbank.svg.png eartofgod/Skyscrapers/Germany-Frankfurt- CommerzbankTower.jpg eartofgod/Skyscrapers/Germany-Frankfurt- CommerzbankTower.jpg content/uploads/2008/03/german-bank.jpg content/uploads/2008/03/german-bank.jpg