Otto M. Schröder Bank

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  Otto M. Schröder Bank AG
logo
Country GermanyGermany Germany
Seat Hamburg
legal form Corporation
Bank code 202 303 00
BIC OSCB DEH1 XXX
founding 1932
Website www.schroederbank.de
Business data 2018
Total assets 263.0 million euros
insoles 211.0 million euros
Customer credit 228.6 million euros
Employee 28
Offices 1
management
Board Helmuth Spincke (Chairman)
Thomas Welling
Supervisory board Guido M. Sollors (Chairman)
Tom Kemcke (Deputy Chairman)
Günter Sternberg †
Rainer Burghardt

The Otto M. Schröder Bank AG is in 1932 Hamburg was founded and located in a family owned private bank Bankhaus focused on the two business investment and commercial real estate bridge financing. For financing purposes, Otto M. Schröder Bank AG offers securities loans and commercial customers short-term interim loans for residential real estate projects. The bank concentrates on the markets in Hamburg, Potsdam and Berlin as well as on the island of Sylt.

Since August 2016, the bank has been running one of the model portfolios of the business and financial newspaper Handelsblatt .

history

The bank, now known as Otto M. Schröder Bank AG, was founded on December 22, 1932 by Otto Martin Willy Schröder in Hamburg in the legal form of a personally liable sole trader. The focus was initially on the securities commission business; in 1952, with the granting of the full banking license, general banking operations were resumed after the Second World War . As one of the few Hamburg private banks, the bank was able to show international business relationships that reached as far as Argentina. In the 1960s, for example, international business was an important field of activity for the bank. In July 1986 the bank was converted into a public limited company. Admission of the shares to trading on the stock exchange was not intended at any time. The founder Otto Martin Willy Schröder, who monitored the company's balance sheets by hand in a small notebook, switched to the bank's supervisory board in the same year. The founder's son, Kurt Schröder, took over the bank's fortunes as one of two board members. Otto Martin Willy Schröder died in 1988, Kurt Schröder now held all the shares in the bank. In the 1990s, the banking business was expanded to include investment advice and securities lombard loans. Until then, the bank was primarily active in the securities trading business. In order to continue to guarantee independent advice, no proprietary products were developed. Kurt Schröder died in 2010. Helmuth Spincke, who was previously a board member, became chairman of the board, and Thomas Welling has been a member of the board since 2016. The Schröder family owns 96% and the chairman of the board, Helmuth Spincke, owns 4%.

Bank memberships

  • Bankers Association Hamburg eV, Hamburg
  • Federal Association of German Banks, Berlin, including deposit protection fund
  • VBO - Association for Banking Organization eV, Frankfurt am Main

Web links

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Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank
  2. Bankhaus Schröder feels at home in the niche. In: Börsen-Zeitung of July 14, 2015, accessed on March 9, 2016.
  3. ^ Bankfachklasse, issue 5/12, Gabler Verlag: Privatbankiers in Deutschland - Part 11 , p. 23.
  4. ^ Bankfachklasse, issue 5/12, Gabler Verlag: Privatbankiers in Deutschland - Part 11 , p. 23.

Coordinates: 53 ° 33 '7.6 "  N , 9 ° 59" 4.7 "  E