Princely Castell'sche Bank

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  Fürstlich Castell'sche Bank, Credit-Casse AG
logo
Headquarters in Würzburg
Headquarters in Würzburg
Country GermanyGermany Germany
Seat Castell or Würzburg
legal form Joint stock company , not listed
Bank code 790 300 01
BIC FUCE DE77 XXX
founding 1774
Website www.castell-bank.de
Business data 2018
Total assets EUR 1,053.1 million
insoles EUR 849.3 million
Customer credit EUR 653.4 million
Employee 223
Offices 11
management
Board Klaus Vikuk
Pia Wine Comb
Supervisory board Ingo Mandt (Chairman)

The Princely Castell Bank, Credit-Casse AG , shortly Castell-Bank is one in Franken -based financial institution . The legal seat of the company is Castell , but the main administration and management have been in Würzburg since 1972 . It is managed in the legal form of an unlisted stock corporation , half of which is held by the princely families of Castell-Rüdenhausen and Castell-Castell (so-called "family stock corporation"). It is considered to be the oldest bank in Bavaria . The bank is a member of the Cashpool ATM network .

history

The house was founded in 1774 as Gräflich Castell -Remlingen'sche Landes-Credit-Cassa. In 1857, the Graeflich Castell'sche Neue Credit-Casse was also founded, which concentrated on corporate business and asset management. Both houses merged in 1941 to form the Fürstlich Castell'schen Bank. In 2001 the company was converted into a partnership limited by shares (KGaA). With effect from August 1, 2006, the legal form was changed to the current stock corporation. In the fall of 2017, the public learned that a senior bank employee with general power of attorney had committed significant fraud . When the 2018 annual results were presented, it became known that the bank was in financial and organizational difficulties. A total of 7 financial advisors from Castell-Bank switched to Bethmann Bank , which will open a branch in Würzburg in 2020. In September 2019, the chairman of the board, Sebastian Klein, also left the institute.

Branches

The Fürstlich Castell'sche Bank has seven branches in Lower, Middle and Upper Franconia as well as one branch each in Heilbronn, Munich, Nuremberg and Ulm. The branches in Volkach and Wiesentheid were closed on March 30, 2019.

technology

The Castell-Bank is connected to the cooperative data center of Fiducia & GAD IT AG in Münster and uses their bank21 software as the core banking system . Since June 1, 2018, the bank has been offering digital asset management with "Castell Insight".

literature

  • Christian von Hiller: The castells run their bank like their forest . In: Frankfurter Allgemeine Zeitung of October 10, 2008, p. 27.
  • Harald Freiberger: Of trees and banks . In: Süddeutsche Zeitung of August 4, 2010
  • Klaus Vikuk: Corporate finance in transition - experiences of a private banker . In: Journal for the entire credit system 1/2012, p. 32f.
  • Thilo H. Wendenburg: Conservative out of conviction . In: The Elite of Asset Managers in German-speaking Countries, Volume 10 2013, p. 137

Web links

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ Annual Report 2018
  3. ↑ Research on http://www.handelsregister.de/ (District Court Würzburg HRB 7529 or 9175)
  4. ^ Süddeutsche Zeitung: Private bank: Top banker is in custody. Retrieved December 10, 2019 .
  5. ↑ Christian Siedenbiedel: Traditional bank under pressure: The suffering of the princes . ISSN  0174-4909 ( faz.net [accessed December 10, 2019]).
  6. ↑ Bank for millionaires comes to Lower Franconia. July 19, 2019, accessed December 10, 2019 .
  7. ↑ Chief Executive Officer Klein leaves Castell-Bank. September 12, 2019, accessed December 10, 2019 .
  8. ↑ Castell-Bank closes in Volkach and Wiesentheid. February 11, 2019, accessed December 10, 2019 .
  9. ↑ See the bank's internet banking at https: // internetbanking. gad.de
  10. ↑ Press release from the bank at https://www.castell-insight.de/castell-insight-nun-live/

Coordinates: 49 ° 47 ′ 40.6 "  N , 9 ° 55 ′ 42"  E