LUK Bank

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The LUK-Bank GmbH Bank of the AG for light and power supply , based in Munich , operated as a commercial bank and group bank of VEBA AG, lending and exchange transactions with its affiliated companies. She joined the Maffei & Co. bank as a limited partner in 1969 . While the joint banking business continued under the name Bankhaus Maffei & Co., the LUK-Bank remained as a pure holding company . In 1973 it changed its name to LUK-Vermögensanlagen GmbH.

Munich, Hohenstaufenstrasse 1, seat of LUK-Bank GmbH until 1969

history

LUK-Bank was founded by articles of association dated August 29, 1952. The entry in the commercial register took place on December 3, 1952. The institute initially operated as a commercial bank with a focus on installment loans. After a functional conversion to the energy industry bank, the VEBA group bank concentrated on the credit and exchange business with the group's energy supply , industrial and trading companies . VEBA held an indirect 25% stake in the LUK-Bank's share capital of DM 2.0 million through AG for light and power supply, Munich . In addition, Bayerische Gemeindebank, Bayerische Staatsbank AG and Bayerische Hypotheken- und Wechselbank AG were shareholders of LUK-Bank, each with 25% of the share capital. LUK-Bank had the option of using the banks involved to cover the energy industry's credit requirements that could not be refinanced from its own bank deposits .

With effect from January 1, 1969, LUK-Bank entered the Maffei & Co. bank as a limited partner with a liability contribution of DM 4.0 million. This corresponded to half of the limited partnership capital of the Maffei bank. The contribution was made by bringing in the banking business of LUK-Bank. The banking business was subsequently carried out under the name Bankhaus Maffei & Co. Bankhaus Maffei was able to strengthen its importance for the energy industry through the merger with LUK-Bank.

The managing director of LUK-Bank Ludwig Koch joined the Maffei bank as another general partner alongside Ferdinand Nemetz.

The headquarters of LUK-Bank in Munich, Hohenstaufenstrasse 1, was given up and the joint banking business continued in the office building of the Maffei bank in Munich, Promenadeplatz 9.

The LUK-Bank remained as a holding company. With a shareholder resolution of May 23, 1973, it changed its name to LUK-Vermögensanlagen GmbH and returned the banking license .

Corporate management

(without claim of completeness)

Member of the Supervisory Board

Ludwig Aderbauer, named 1967

Members of the management

  • 1952–1970: Ludwig Koch
  • 1968–1969: Hermann Schmid
  • 1969–1975: Otto Höhenrieder

Participation

  • 100% participation in BEG Bayerische Elektro- und Gasgeräte-Vertriebsgesellschaft mbH

literature

  • Karl Fries: The participation of the Girozentralen in private credit banks. Part I . In: Journal for the entire credit system . Vol. 23, No. 3. Verlag Knapp, Frankfurt am Main 1970, p. 96ff. / P. 174ff.

Individual evidence

  1. ↑ a b Maffei and LUK . In: Journal for the entire credit system . tape 22 , no. 8 . Knapp, Frankfurt am Main 1969, p. 312 f. (312) .
  2. ^ A b c Munich Local Court: Commercial Register of the Munich Local Court. HR B 3149
  3. ^ A b c Karl Fries: The participation of the Girozentralen in private credit banks. Part I . In: Journal for the entire credit system . tape 23 , no. 3 . Knapp, Frankfurt am Main 1970, p. 96 ff. (97) .
  4. ^ A b Karl Fries: The participation of the giro centers in private credit banks. Part III . In: Journal for the entire credit system . tape 23 , no. 5 . Knapp, Frankfurt am Main 1970, p. 174 ff. (174) .
  5. ↑ Albrecht F. Schirrmacher (Ed.): The investment strategies of the capital market elite. Use opportunities - manage risks . 1st edition. Business publisher Dr. Th. Gabler, Wiesbaden 2006, ISBN 978-3-8349-0397-6 , pp. 173 .
  6. ↑ Otto J. Groeg (Ed.): Who's who in Germany. A Biographical Dictionary containing about 22,700 Biographies of prominent Personalities in Germany and a listing of 2,400 Organizazions . Volume 1. A - L. 5th Edition. Who's Who-Book Publishing GmbH, Ottobrunn 1974, OCLC 258584140 , p. 879 .
  7. ↑ Walter Habel (Ed.): Who is who? The German Who's Who . 16th edition of Degeners Who is it ?. Verlag Arani, Berlin 1970, OCLC 873065069 , p. 906 .
  8. ↑ Walter Habel (Ed.): Who is who? The German Who's Who . 15th edition of Degeners Who is it ?. Verlag Arani, Berlin 1967, OCLC 10031301 , p. 7 .
  9. ^ LUK-Bank GmbH . In: Journal for the entire credit system . tape 23 , no. 3 . Knapp, Frankfurt am Main 1970, p. 110 .

Coordinates: 48 ° 9 ′ 24.3 "  N , 11 ° 34 ′ 34.1"  E