Badische Kommunale Landesbank
The Badische Kommunale Landesbank , also called BaKoLa , was a public-law credit institution with its headquarters in Mannheim . Since 1929 the detailed name has been Badische Kommunale Landesbank - Girozentrale, public bank and Pfandbriefanstalt Mannheim . Its legal nature was that of an institution under public law .
history
In 1917, the Badische Sparkassen-Girozentrale Mannheim was established as an institution of the Giroverband der Badischen Gemeindesparkassen . It attained the status of a municipal bank a year later, in 1918, when the institute's field of activity was expanded to include the areas of municipal money and credit transactions, money brokerage, monetary equalization and personal lending. From 1920 the bank carried out its business activities - with the Giroverband as the carrier - under the name Badische Girozentrale - a public bank . In the following years from 1921 to 1923, branches were also set up in Darmstadt , Freiburg and Karlsruhe .
During the tenure of Erwin Gugelmeier (1927–1932) as the first full-time president of the Badischer Sparkassen- und Giroverband, the bank expanded to become a real estate credit institute by taking up the mortgage business. Furthermore, the institute was given legal capacity as a prerequisite for this. As a result, the name of the bank was finally changed in 1929 to Badische Kommunale Landesbank - Girozentrale, public bank and Pfandbriefanstalt Mannheim .
During the Second World War , the bank's business area was also expanded to include Alsace , which was occupied by the German Empire . In 1940, for example, a branch was founded in Strasbourg by converting the Strasbourg city savings bank into a branch of BaKoLa . The end of the Second World War brought with it a split in the Badischer Sparkassen- und Giroverband, caused by the occupation zones established in the occupied German Reich : a French-occupied southern Baden association area and an American-occupied northern Baden association area. This split could not be overcome until the mid- 1950s , after the state of Baden-Württemberg was newly formed. The BaKoLa itself was able to avoid division, even if there were efforts and attempts to equip the Freiburg branch with its own legal personality. After all, a South Baden administrative council was formed, a fact that was accepted by the board of directors in the main establishment (Mannheim) as a lesser evil in order to prevent the branch establishment from becoming legally independent. The unity of the bank continued to exist despite the separation of zones. The BaKoLa-Hauptanstalt in Mannheim acted in the area of the American occupation zone . In the sphere of influence of the French occupation zone , responsibility lay with the branch in Karlsruhe. The branch in Freiburg took on the function of giro headquarters for southern Baden.
Merger with Landesbank Stuttgart
In 1988, the Badische and Württembergische Sparkassen- und Giroverband decided to unite the respective Landesbanken. Towards the end of 1988, the Badische Kommunale Landesbank merged with the Landesbank Stuttgart - Girozentrale , which had emerged in 1987 from the previously existing Württembergische Kommunale Landesbank - Girozentrale , also called WüKoLa . The product of this merger was ultimately the Südwestdeutsche Landesbank (SüdwestLB) .
literature
- Badische Kommunale Landesbank - Girozentrale - 1917–1967 (50th anniversary). Darmstadt 1967
Individual evidence
- ^ "Family tree" of the operative vdp member institutes, documentation and graphic representation of the legal predecessors. (PDF) (No longer available online.) Association of German Pfandbrief Banks (vdp), March 2011, archived from the original on January 16, 2014 ; Retrieved January 23, 2014 (pp. 25, 44). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Badische Kommunale Landesbank - Girozentrale - 1917–1967 (50th anniversary). Darmstadt 1967, p. 123.
- ^ A b c Badische Kommunale Landesbank (Bakola Mannheim), history. uni-hohenheim.de, accessed on November 22, 2009 .
- ↑ Badische Kommunale Landesbank - Girozentrale - 1917–1967 (50th anniversary). Darmstadt 1967, pp. 78, 92.
- ^ The history of the Landesbank Baden-Württemberg. (No longer available online.) Lbbw.de, archived from the original on October 11, 2011 ; Retrieved October 27, 2011 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ "Family tree" of the operative vdp member institutes, documentation and graphic representation of the legal predecessors. (PDF) (No longer available online.) Association of German Pfandbrief Banks (vdp), March 2011, archived from the original on January 16, 2014 ; accessed on January 23, 2014 (pp. 25, 52). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
