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German Culture Project Q4 German Economy

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. Types of Banks. Private Banks: - Deutsche Bank - Dresdner Bank

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German Culture Project Q4 German Economy

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  1. German Culture Project Q4German Economy German Banks: Role of Banks in German Economy Dirk Hamel-Wood

  2. Types of Banks • Central Banking Administration: The Deutsche Bundesbank - The countries main financial centre.

  3. 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.

  4. Types of Banks • Public and Cooperative Institutions: Basically, all the regular banks. Serve normal banking purposes for everyday people.

  5. 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.

  6. Role of German Banks • Private Banks: - Banks provide financing for private businesses and enterprises. While they do conduct regular banking services, they just arent in such large quantity and are not the main focus.

  7. 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,andmanage accounts.

  8. Pictures 1. Logo for Deutsche Bundesbank 3. Commerzbank Building 2. German state-owned bank

  9. Quiz Questions • Which of these is not one of the three universal banks? A. Deutsche Bank B. Deutsch Bank C. Dresdner Bank 2. Germany is what kind of economy? A. Command Economy B. lol, economy? C. Bank Economy

  10. References • Me– I wrote this Powerpoint. • http://www.photius.com/countries/germany/economy/germany_economy_banking_and_its_role~1398.html • http://www.britannica.com/EBchecked/topic/231186/Germany/58030/The-private-banking-sector • http://www.feb.ugent.be/nl/Activ/Kijker/img/Deutsche-bundesbank.svg.png • http://media.photobucket.com/image/commerzbank/theheartofgod/Skyscrapers/Germany-Frankfurt-CommerzbankTower.jpg • http://www.impactlab.net/wp-content/uploads/2008/03/german-bank.jpg

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