Bank Management
Bank Management
Bank Management
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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