Sutor Bank

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  Max Heinr. Sutor oHG
logo
Country GermanyGermany Germany
Seat Hamburg
legal form oHG
Bank code 202 308 00
BIC MHSB DEHB XXX
founding 1921
Website www.sutorbank.de
Business data 2018
Total assets € 5,260 million
Employee 107
management
Corporate management

Thomas Meier
Robert Friday

The Sutor Bank (Max Heinr. Sutor oHG) is a German private bank based in Hamburg .

history

The Sutor Bank was entered in the commercial register at the Hamburg District Court on March 10, 1921 . The idea of ​​founder Max Heinrich Sutor was to set up a private bank specializing in asset management in a time of economic crisis and inflation, which invests in real assets with solid substance. The first customers were merchant friends who went to South America in the 1920s and entrusted their assets to Max Heinrich Sutor.

In 1953 the Sutor Bank found a new domicile in the house of the Patriotic Society from 1765 . In 1957, the next generation joined the company as a partner with the founding son Werner Sutor. On his initiative, the Sutor Foundation was established in 1984 to promote the sciences of architecture and technology. Werner Sutor's great-great-grandfather was Hamburg's first building director Carl Ludwig Wimmel (1786–1845). The private bank, which is still owned by the owner, is based in the Fölsch block on Hamburg's Rathausmarkt .

Business activity

The focus of business activity is on advising and managing assets. The Sutor Bank is primarily aimed at private investors, regardless of the size of their investment amount. It is also active as a banking partner for financial service providers and foundations. The management of foundation assets has been part of the bank's core business since the bank was founded, and since 2010 has been supplemented by foundation management ( foundation office ).

In September 2013, Sutor Bank launched a robo-advisor, the “Sutor Investment Guide” . Since 2013, Sutor Bank has also acted as a cooperation partner for startups and digital companies, to whom it has made bank-specific services available in a bundled form on its own banking platform. Sutor Bank works with various fintech partners. Sutor Bank is Check24's German partner bank .

In 2019, Sutor Bank's asset management was recognized for the eleventh time in a row in the Focus Money and n-tv banking test.

Sutor Foundation

The Hamburg banker Werner Sutor (1915–2004) founded the Sutor Foundation in 1984, which is dedicated to promoting the science of architecture and technology.

The aim of the foundation is to promote and network students and young scientists from the fields of urban planning, architecture and art history in their research. One of the foundation's main projects was the Sutor Professorship for Monument Preservation and Design, established in 2004, most recently under the umbrella of the HCU Hamburg. Currently, the focus is on doctoral scholarships within the framework of the foundation graduate school, which focus on questions about the continued use of buildings. In this context, the Sutor Prize for doctoral candidates is also awarded by the HCU.

literature

  • Robert Freitag: FinTech-Bank Cooperation - Strategies, Practice, Experience . in: Oliver Everling / Robert Lempka (eds.): Financial service providers of the next generation; Megatrend digitization: strategies and business models . Frankfurt School Verlag, Frankfurt am Main 2016, ISBN 978-3-95647-043-1

Web links

Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank
  2. Disclosure Report 2018
  3. Steffen Preißler: Is your money enough for a private bank? In: Abendblatt.de. March 17, 2018, accessed April 16, 2018 .
  4. ^ Steffen Preißler: Private bank for small savers. In: Abendblatt.de. August 16, 2016, accessed April 16, 2018 .
  5. Dirk C. Schoch: Do not panic if prices fall. In: www.die-stiftung.de. FAZ-Verlagsgruppe, December 5, 2016, accessed on March 31, 2018 .
  6. Real money test with hard numbers: How much return with Robo-Advisors? In: boerse.ard.de. February 1, 2018, accessed May 1, 2018 .
  7. From the FinTech vision to the banking platform. In: www.der-bank-blog.de. November 27, 2019, accessed February 4, 2020 .
  8. This is how fintech turns from enemy to friend . In: finews.ch . May 20, 2016 ( finews.ch [accessed March 31, 2018]).
  9. SXSW, Fintechs and the next revolution. Accessed March 31, 2018 .
  10. ^ Riester fund savings plans: Sutor Fairriester - sensible solution with ETF. In: test.de. February 25, 2015, accessed March 31, 2018 .
  11. Investing time deposits and overnight deposits abroad - financial tip . In: Finanztip . ( finanztip.de [accessed on March 31, 2018]).
  12. The banking of the future is invisible - boersen-zeitung.de. Accessed March 31, 2018 .
  13. Fully digital onboarding & investment process: Robo-Advisor Birdee starts on the Sutor Bank platform. In: it-finanzmagazin.de. November 2, 2017. Retrieved May 27, 2018 .
  14. Heinz-Roger Dohms: Comparison portal Check24 applies for a full bank license. In: finanz-szene.de. September 5, 2019, accessed July 25, 2020 .
  15. Banking Tests - Reviews and Awards. In: sutorbank.de. Retrieved April 20, 2019 .

Coordinates: 53 ° 33 ′ 3.2 ″  N , 9 ° 59 ′ 39.9 ″  E