Southwest bank

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  Südwestbank AG
logo
SÜDWESTBANK is based in Stuttgart-West
Seat Stuttgart
legal form Corporation
Bank code 600 907 00
BIC SWBS DESS XXX
founding 1922
Website www.suedwestbank.de
Business data 2019
Total assets 5,633 million euros
insoles 3,877 million euros
Customer credit 3,340 million euros
Employee 322
Offices 11
management
Board Constantin von Oesterreich (chairman),
Sebastian Firlinger, Jochen Sautter
Supervisory board Sat Shah (Chair)

The Southwest Bank AG (proper spelling: SÜDWESTBANK ) is a regional bank in southwestern Germany based in Stuttgart . The bank is operated in the form of a stock corporation and looks after around 90,000 private and corporate customers in Baden-Württemberg.

history

Südwestbank was originally founded in Stuttgart in 1922 as Württembergische Landwirtschaftsbank GmbH. In 1954 it was continued as Südwestdeutsche Landwirtschaftsbank GmbH. From 1964 it operated as Südwestbank GmbH. When the legal form changed in 1970, this became Südwestbank AG. Organizationally, the bank was linked to the Federal Association of German Volksbanks and Raiffeisenbanks (BVR). The main owner was DZ Bank .

In 2004 Santo Holding (Deutschland) GmbH bought DZ Bank's 89.6% stake from Andreas and Thomas Strüngmann . As a result, Südwestbank left the association of cooperative banks and on January 1, 2005 joined the Association of German Banks and its deposit protection fund . In the spring of 2008, their spokesman for the board was dismissed and the strategy switched to wealthy private customers. At the beginning of 2010, Santo Holding (Deutschland) GmbH surrendered its 94% stake to Santo Vermögensbeteiligung GmbH . The equity capital of Südwestbank more than doubled at the end of 2013 due to an equity injection of 386 million euros by the owners. On August 25, 2016, Südwestbank received permission from the German Federal Financial Supervisory Authority to issue Pfandbriefe. The medium-sized regional bank is now also a Pfandbrief bank and is one of the four percent of German banks that are Pfandbrief banks.

In 2017, the Austrian bank Bawag PSK took over Südwestbank from the previous owners, Andreas and Thomas Strüngmann. The Südwestbank is to serve as a platform for Bawag PSK's further expansion into Germany.

Subsidiaries

At the beginning of 2015, Südwestbank founded a subsidiary, SWB Immowert GmbH, which specializes in the acquisition of real estate as a stable capital investment.

Product partner

Südwestbank works with a large number of product partners, including: Allianz , Allianz Global Investors , Bausparkasse Schwäbisch Hall , equinet , Flossbach von Storch , GEFA Bank , Kloepfel Consulting , Münchener Hypothekenbank , R + V Versicherung , Süddeutsche Krankenversicherung , Targo Commercial Finance , Union Investment , UVW-Leasing , WL Bank , Württembergische Lebensversicherung .

Since April 1, 2004, Südwestbank has been a member of the cash pool with over 3,000 ATMs in Germany.

technology

Südwestbank AG is connected to the cooperative data center of Fiducia & GAD IT AG and uses their software agree as the core banking system .

Web links

Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank
  2. Annual financial statements as of December 31, 2019 in the eBundesanzeiger
  3. Private investor becomes majority shareholder of Südwestbank AG . DZ Bank. Retrieved November 3, 2012.
  4. Südwestbank relies on a change of strategy . Stuttgart newspaper . May 19, 2008. Archived from the original on September 27, 2013. Retrieved on November 3, 2012.
  5. Disclosure Report 2010 (PDF; 271 KB) Südwestbank AG. Archived from the original on May 12, 2012. 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. Retrieved November 3, 2012.  @1@ 2Template: Webachiv / IABot / www.suedwestbank.de
  6. Südwestbank doubles its equity . Stuttgart newspaper . January 22, 2014. Retrieved July 25, 2014.
  7. Südwestbank receives Pfandbrief license . The bank . September 21, 2016. Retrieved October 22, 2016.
  8. ^ Daniel Gräfe, Stuttgarter Zeitung: Südwestbank is sold to Austria. May 24, 2017. Retrieved November 8, 2017.
  9. Handelsblatt: Bawag makes entry at Südwestbank perfect. July 17, 2017. Retrieved November 8, 2017.
  10. Happy Read Publishing Ltd: DEAL - Magazine | Real Estate | Investment | Finance. In: www.deal-magazin.com. Retrieved April 18, 2016 .
  11. Our partners - your SÜDWESTBANK - your SÜDWESTBANK. In: www.suedwestbank.de. Retrieved October 22, 2016 .
  12. See the bank's internet banking at https: // finanzportal. fiducia.de /  ( page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Toter Link / finanzportal.fiducia.de  

Coordinates: 48 ° 46 '12.9 "  N , 9 ° 9' 33.3"  E