Association of German Banks
The Association of German Banks (German: Bundesverband deutscher Banken) is the association of private banks in Germany and the main lobby group for Germany's financial sector. In the traditional pillar system of the German banking industry this represents all banks that have evolved from merchant banks unlike the co-operative branch (like credit unions) or regional state banks (German public banks). The association is a member of the Central Credit Committee governing the banking industry in Germany and a member of the European Banking Federation. The President of the association is Hans-Walter Peters.
History
The Bankenverband was founded 1951 in Cologne as the successor of the pre-war "Centralverbandes des deutschen Bank- und Bankiergewerbes" (Central Association of the German Banking and Financing Industry). Nowadays it is the German Banking Industry Committee. In 1999 it moved to Berlin while the subsidiary Bankverlag (bank publishing company) is still located in Cologne. Besides, the association owns an office in Brussels. Legally, the association is an Eingetragener Verein.
Goals
The Bankenverband represents the joint interests of around 210 private commercial banks and 11 member associations.[1] It identifies relevant national and international developments, particularly regulatory and legislative initiatives, and works out common positions for its members. On behalf of its members, it participates in public debate and plays a part in the political opinion-forming process.[2]
Over the years, the range of responsibilities has grown significantly, now including, among others, running the Deposit Protection Fund and statutory compensation scheme and combating the financial crisis.[3]
Structure
The Bundesverband is led by a board of directors ("Vorstand"[4]). The big banks ("Großbanken") staff each 1 member, the small privately owned banks ("Privatbankiers") collectively have 2 seats, the regional banks have 4 seats, the foreign banks have 1 seat. By virtue of his office, the General Manager of the association is also a member of the board.
The board elects a president along with two secretaries - by tradition the presidential office should be held alternating between the big banks and the other members of private and regional banks but the rule is not followed strictly.
The daily business is led by the General Manager Michael Kemmer, two further members of the Senior Management Board and seven Members of the Management Board form the association's Management Board.[5]
Presidents
- 1951–1960 Robert Pferdmenges (Sal. Oppenheim)
- 1960–1967 Gotthard Freiherr von Falkenhausen (HSBC Trinkaus)
- 1968–1975 Alwin Münchmeyer (Schröder, Münchmeyer, Hengst & Co.)
- 1975–1979 Wilhelm Christians (Deutsche Bank)
- 1979–1983 Harald Kühnen (Sal. Oppenheim)
- 1983–1987 Hanns Schroeder-Hohenwarth (BHF-Bank)
- 1987–1991 Wolfgang Röller (Dresdner Bank)
- 1991–1994 Eberhard Martini (Bayerische Hypotheken- und Wechselbank)
- 1994–1997 Karl-Heinz Wessel (Sal. Oppenheim)
- 1997–2000 Martin Kohlhaussen (Commerzbank)
- 2000–2001 Frank Heintzeler (Baden-Württembergische Bank|BW-Bank)
- 2001–2005 Rolf-E. Breuer (Deutsche Bank)
- 2005–2009 Klaus-Peter Müller (Commerzbank)
- 2009-2013 Andreas Schmitz (HSBC Trinkaus)
- 2013–2016 Jürgen Fitschen (Deutsche Bank)
- 2016– Hans-Walter Peters (Berenberg Bank)
Regional associations
The actual banks are bound to the regional associations of the private banking industry
- Bankenverband Baden-Württemberg e.V.
- Bankenverband Bremen e.V.
- Bankenverband Hamburg e.V.
- Bankenverband Hessen e.V.
- Bankenverband Niedersachse e.V.
- Bankenverband Rheinland-Pfalz
- Bankenverband Saarland e.V.
- Bankenverband Schleswig-Holstein e.V.
- Bankenvereinigung Nordrhein-Westfalen e.V.
- Bayerischer Bankenverband e.V.
- Ostdeutscher Bankenverband (OstBV) – Berlin and New states of Germany
References
- ↑ en.bankenverband.de, Membership
- ↑ en.bankenverband.de, About us
- ↑ en.bankenverband.de, History
- ↑ en.bankenverband.de, Board of directors
- ↑ en.bankenverband.de, Management Board
External links
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