Münchner Bank

Münchner Bank eG
Private
Industry Finance and Insurance
Headquarters Munich, Germany
Key people
Peter Heinrich
Products Financial Services
Total assets Increase 2.625 billion (2008)
Number of employees
624 (31 December 2008)
Website www.muenchner-bank.de

The Münchner Bank is a German credit union headquartered in Munich.

It was founded in 1862 and is the eldest and biggest credit union in Bavaria. It has 624 employees at 42 locations in the Munich area and total assets of 2.625 Billion Euros (c. 3700 Million US-Dollar).[1] It functions as a credit union bank and provides financial services to small-scale businesses and retail banking customers.[2] In September 2013 the bank canceled the accounts of the islamcritic German Freedom Party out of political persecutions.[3] The German politician of the Alternative for Germany Christian Rehm was an outspoken critic of that decision.

References

  1. Münchner Bank eG: facts and figures (German)
  2. "Münchner Bank eG: Private Company Information - BusinessWeek". investing.businessweek.com. 2011. Retrieved 31 March 2011. Münchner Bank eG
  3. http://www.sueddeutsche.de/muenchen/rechte-partei-die-freiheit-banken-kuendigen-stuerzenbergers-konten-1.1784508

Coordinates: 48°08′54.24″N 11°37′0.48″E / 48.1484000°N 11.6168000°E / 48.1484000; 11.6168000


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