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Die vergessene vierte Säule: Die Gründung von Staats und Landesbanken in der deutschen Kreditwirtschaft

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  • Wixforth, Harald

Abstract

The German financial system rests on three distinct pillars - this position has been widely accepted among bank historians. However, this view neglects another important pillar, namely the financial institutions under the rule and control of state authorities. The following article aims to describe the history and development of the state-owned banks and the large federal banks in the hands of public institutions in order to encourage further research on the history of the forgotten "fourth pillar" up to the present times.

Suggested Citation

  • Wixforth, Harald, 2023. "Die vergessene vierte Säule: Die Gründung von Staats und Landesbanken in der deutschen Kreditwirtschaft," IBF Paper Series 04-23, IBF – Institut für Bank- und Finanzgeschichte / Institute for Banking and Financial History, Frankfurt am Main.
    • Handle: RePEc:zbw:ibfpps:0423
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    Keywords

    banks under governmental rule and control; credit economy; banking system Germany; economic constitution; Reichs-Kredit-Gesellschaft;
    All these keywords.

    JEL classification:

    • N23 - Economic History - - Financial Markets and Institutions - - - Europe: Pre-1913
    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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