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The banking industry in Berlin

  • 17 credit institutions have their headquarters in Berlin;
  • Numerous branches of other institutions with headquarters outside Berlin;
  • 5 representative offices of foreign banks;
  • Banking industry concentrated in Berlin Mitte, Berlin's traditional banking center;
  • The top financial industry associations followed the government to Berlin (e.g., the Association of German Banks (Bundesverband deutscher Banken - BdB), the German Savings Banks Association (Deutscher Sparkassen- und Giroverband -DSGV), the Association of German Public Sector Banks (Bundesverband Öffentlicher Banken Deutschlands - VÖB), and the German Association of Cooperative Banks (Bundesverband der Deutschen Volksbanken und Raiffeisenbanken - BVR)).

Number of employees at Berlin's banks:

Landesbank Berlin AG About 6,204 employees (including apprentices)
Deutsche Bank AG About 4,100 employees
Commerzbank AG About 2,090 employees
Berliner Volksbank AG About 1,800 employees

(Source: Senate Administration for Economics, Technology and Research (Senatsverwaltung für Wirtschaft, Technologie, und Forschung, 2013)

Foreign banks in Berlin (selection)

  • Bank of Tokyo-Mitsubishi UFJ, Ltd., Berlin Representative Office
  • Barclays Industrie Bank
  • Caixa Geral de Depositos, S.A. Representative Office
  • Citibank
  • Credit Suisse First Boston International, Frankfurt/Berlin Branch Office
  • Demir-Halk Bank (Nederland) N.V.
  • Emporiki Bank Germany GmbH
  • GE Money Bank
  • Graubündener Kantonalbank
  • Golomt Bank of Mongolia, Representative Office
  • HSBC Trinkaus & Burkhardt
  • Isbank
  • Israel Discount Bank Ltd., Germany Representative Office
  • Investmentbankgruppe NIKoil, Representative Office
  • J.P. Morgan
  • Lazard
  • LGT Bank
  • M.M. Warburg & Co.
  • MSD Witter Bank
  • Oyak Anker Bank
  • Pamukbank T.A.S.
  • Parex banka, Branch Office Berlin
  • Rabobank International
  • RCI Banque S.A.
  • SEB
  • Société Génénale S.A.
  • Tekstil Bankasi A.S., Germany Representative Office
  • Türkiye Cumhuriyet Merkez Bankasi
  • UBS Wealth Management
  • Ziraat Bank International AG
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