Friedrich Simon banking house

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The Friedrich Simon KGaA bank , also known as Simonbank for short , was a credit institute founded in 1959 and headquartered in Düsseldorf . In 1991 the bank became part of the Bayerische Vereinsbank .

The company was founded in 1959 by the banker Friedrich Simon together with the banker Ulrich Worringer. Shareholders became about 70 companies and individuals. The largest shareholders were Bayerische Vereinsbank with 26% and Berliner Bank AG with 10% of the shares. The first year-end balance sheet in 1961 showed a share capital of 15 million DM and a balance sheet total of 124 million DM. At the end of 1973 the liable equity capital had grown to 32.6 million DM and the balance sheet total to 715 million DM. The bank worked in lending, securities, syndicated and international business.

Both Friedrich Simon and Ulrich Worringer had previously been directors of the Bank für Gemeinwirtschaft . After the Bundestag election in 1961 , the previous Federal Minister of Finance, Franz Etzel, became the bank's third personally liable partner.

In 1971 the Bayerische Vereinsbank acquired the majority of the shares, in 1991 it became the sole owner and merged the Friedrich Simon bank into the parent company.

Bank building

The Simonbank building is located at Martin-Luther-Platz 32 in Düsseldorf 's Stadtmitte district . It was built from 1968 to 1970 according to designs by the architects Kraemer , Pfennigs & Sieverts . The builders were the property insurance company Simon KG and Gilde-Versicherung.

people

Individual evidence

  1. Simonbank already profitable. In: The time of March 3, 1961 ( online )
  2. ^ Gerhard Prost: The credit system in the Federal Republic of Germany. Tasks, organization, legal basis. 2013, ISBN 978-3-32284388-3 , p. 34. ( limited preview of Google Books )
  3. Etzel - The third man. In: Der Spiegel from November 15, 1961 ( online )