Introduction - Genossenschaftsverband Bayern

provided for a macroeconomic demand of almost 62,000 million Euro
in Bavaria. Dividing this sum over ten years and adding the building
loans of 6,500 million Euro, annually paid out by their associated
partner Schwäbisch Hall, 80,000 jobs annually were secured for
10 years in Bavaria. Loans granted to commercial customers for building
measures amounting to 6,500 million Euro have to be taken into
account. Beside the 88,000 job resulting from private building loans,
another 17,000 jobs are annually secured in Bavaria. Thus, the building
loans of the Bavarian Volksbanks and Raiffeisenbanks and their
associate partner alone secure some 105,000 jobs annually, almost
2.5 per cent of all employment liable for social insurance in Bavaria.
That shows: the loan policy of the Bavarian Volksbanks and Raiffeisenbanks
has an important labour market and therefore social
dimension. Incidentally, this can be observed in a very different policy
field. The Bavarian cooperative banks recognize the importance of
education – especially in our knowledge-based society. Sometime
ago, the Bavarian cooperative banks started granting loans to college
students. The volume of these student loans almost doubled to
2.3 million Euro between September 2006 and the end of January
2007.
4 Financier of the SME sector
As clear as in the case of private loans the business policy of the cooperative
banks is concerning loans to commercial customers. At the
end of 2006, the Bavarian Volksbanks and Raiffeisenbanks had granted
commercial loans amounting to 26,200 million Euro corresponding
to a market share of 11.9 per cent. Therefore, compared to 2000, they
were able to maintain their market position. Savings banks increased
their market share by almost 2 per cent to 20 per cent in the same
period. With a market share of almost 38 per cent, credit banks were
three percentage points below the value of the year 2000. Other
banks held their share at 30 per cent.
34 IV Economic contribution