11.08.2013 Views

Bank Management

Bank Management

Bank Management

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

1.1 The Concept “<strong>Bank</strong>”<br />

1.1.1 Legal g Definition<br />

Definition: §1 (1) KWG<br />

„Kreditinstitute sind Unternehmen, diie<br />

[…] <strong>Bank</strong>geschäfte […] betreiben.“<br />

<strong>Bank</strong>ing g Business (“<strong>Bank</strong>geschäfte<br />

( g ”): )<br />

1. Deposit banking 6. CCustody<br />

business<br />

2. Transactions in covered bonds<br />

(since July 2005)<br />

3. Credit business<br />

( (cash h lloan und d acceptance credit) di )<br />

7. GGuarantee<br />

business<br />

8. GGiro<br />

business<br />

4. Bill-broking 9. Isssuance<br />

of securities<br />

5. Financial commission business 10.<br />

Prof. Dr. Hans-Peter Burghof, University of Hohenheim, <strong>Bank</strong> <strong>Management</strong><br />

E-money E money business<br />

3

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!