Type Private Key people Peter Heinrich Total assets € 2.625 billion (2008) Headquarters Munich Number of employees 624 (31 December 2008) | Industry Finance and Insurance Products Financial Services Website www.muenchner-bank.de Founded 1862 | |
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The Münchner Bank is a German credit union headquartered in Munich.
It was founded in 1862 and is the eldest and biggest credit union in Bavaria. It has 624 employees at 42 locations in the Munich area and total assets of 2.625 Billion Euros (c. 3700 Million US-Dollar). It functions as a credit union bank and provides financial services to small-scale businesses and retail banking customers. In September 2013 the bank canceled the accounts of the islamcritic German Freedom Party out of political persecutions. The German politician of the Alternative for Germany Christian Rehm was an outspoken critic of that decision.
References
Münchner Bank Wikipedia(Text) CC BY-SA