on 2023/07/21 by alex1, []

If a German institution wishes to open a branch outside the European Economic Area, this requires notification to the supervisory authority, as prescribed in detail in Section 24a of the German Banking Act (KWG). – See agglomeration effect, alliances, cross-border, foreign bank branch, foreign corporate units, banking supervision, European, Europa-AG, internationalization, market entry costs, name […]

on 2023/07/21 by alex1, []

In financial terminology, generally any kind of temporary transfer of purchasing power to a counterparty (to give money temporarily on condition that the amount borrowed be returned, usually with an interest fee). – See loan, credit, loan capital, deposit money. Attention: The financial encyclopedia is protected by copyright and may only be used for private […]

on 2023/07/21 by alex1, []

Banks and insurance companies do not offer their services at all in a geographical area or only at greatly increased fees. This refers mainly to detoriated residential areas in large cities, which are usually marked with a red line on the map (the refusal of financial firms to extend credit to, lend to, insure, or […]

on 2023/07/21 by alex1, []

In the case of a bank, the extension of credit to corporate customers who purchase goods not during the peak season (extension of credit for corporate customers who make frequent purchases and not just during peak season). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express […]

on 2023/07/21 by alex1, []

The delivery of money by the postal service (monetary payment by the postal service). In Germany, too, the postal service’s own postmen (CH: Pöstler; money letter carriers; Geldbriefträger) sought out the recipient – in some cases until 1995 – and handed him or her the corresponding sum in cash. The senders were mainly insurance companies […]

on 2023/07/21 by alex1, []

The process of testing an investment strategy by using the series of past historical data. Quite a few analysts and business journalists recklessly use backtesting to predict future performance (but there is much evidence that backtesting does certainly not allow one to predict how a strategy will perform under future conditions). – In the context […]

on 2023/07/21 by alex1, []

A biennial study published by the London-based Centre for the Study of Financial Innovation (CSFI) on the assessments and expectations of financial professionals at banks and in the industry worldwide; it is based on surveys of about 700 experts (based on over 700 responses from 58 countries). The report is sponsored by global accounting firm […]

on 2023/07/21 by alex1, []

In the case of a floater, the simultaneous purchase of a cap and sale of a floor. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

on 2023/07/21 by alex1, []

Security evidencing the share in an institution managed in the legal form of a stock corporation (AG) or partnership limited by shares (KGaA). – Cf. BaFin Annual Report 2010, p. 28 (comparison of bank share prices with the Dax in 2009 and 2010). Attention: The financial encyclopedia is protected by copyright and may only be […]

on 2023/07/21 by alex1, []

A security that is issued at par but does not bear interest on an ongoing basis; instead, the repayment amount includes interest and compound interest in addition to the capital invested. Repayment usually takes place after a fixed term. The interest rate is fixed at the time of issue. – See discount paper, federal savings […]