Tasks of the BaFin directorate for Banking Supervision The tasks of the BaFin directorate for Banking Supervision include, inter alia, constant monitoring of banks to ensure that they com- plying with capital adequacy requirements, maintaining suffcient liquid funds, and complying with statutory risk limits (e. G. Large exposure limits). ItRead More →
Germany covers an area of about 357,000 square km Geography Germany covers an area of about 357,000 square km (138,000 square miles) in the central part of Northern Europe. The country borders on Denmark, Poland, the Czech Republic, Austria, Switzerland, France, Luxembourg, Belgium and the Netherlands, and on the NorthRead More →
The German Banking Act (Kreditwesengesetz – KWG) Banking regulations The German Banking Act (Kreditwesengesetz – KWG) governs the business activities of banks, financial services institutes, and other legal forms that are active in the finance sector. The Banking Act pursues three goals: – Ensuring structured business transactions in the financialRead More →
Commercial banks Commercial banks, which account for the largest percentage of the volume of banking business, engage in most types of bank- ing operations. They grant short-term loans, lines of credit, and medium and long-term loans; they also place issues and trade in securities for customers and for their ownRead More →
Full range of banking activities German banking institutions Germany has a system of “universal” banks which are engaged in the full range of banking activities. In addition, there are some banks which specialize in particular services (e. G. Mortgage banks and home loan banks). Most banks conduct both corpo- rateRead More →
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