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citizen service

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Source: BUS Sachsen-Anhalt (Linie6PLus)

Applying for the establishment of a savings bank

Description

A permit is required for the establishment of a savings bank. Savings banks may only be set up and operated by local authorities and special-purpose associations.

Savings banks may establish branches in the territory of their sponsor. The establishment of a branch is subject to the approval of the supervisory authority. If the branch is established in the territory of another institution, the latter shall be heard beforehand.

The text was automatically translated based on the German content.

Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) - Dienstsitz Frankfurt
Post Office Box 50 01 54
60391 Frankfurt am Main
Lurgiallee 12
60439 Frankfurt am Main
0228 4108-0
0228 4108-1550
Further Authorities
Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) - Dienstsitz Bonn
Graurheindorfer Str. 108
53117 Bonn, Stadt
0228 4108-0
0228 4108-1550