Bausparkasse Schwäbisch Hall

Bausparkasse Schwäbisch Hall AGFile:250px

Type| Corporation
Industry| Building society
Founded| 16 May 1931[1]
Headquarters| Schwäbisch Hall, Germany
Total assets| €68.3 billion (2017)[2]

Number of employees

| 13,625 (2017)[2]
Website| www.schwaebisch-hall.de

Bausparkasse Schwäbisch Hall AG (de) is a building society in Germany, active abroad with subsidiaries in Eastern Europe and China.[3][4] It has more than 10 million customers.[5] Shareholders are the cooperative central bank DZ Bank (96.8 percent) in Frankfurt am Main and around 600 cooperative banks. The building society has its headquarters in the city of Schwäbisch Hall in Baden-Württemberg.[6]

It is part of the German Cooperative Financial Group which has around 11,000 branches and approximately 3,400 employees.[6]

## Contents

* 1 History
* 2 Core business areas of the building society Schwäbisch Hall
* 3 Subsidiary companies
* 4 Key figures
* 5 References
* 6 External links

## History

Today's Bausparkasse Schwäbisch Hall AG was founded in 1931 in Cologne as a German building society AG, construction savings and debt relief fund by members of the local Chamber of Crafts. After the transfer of the business office to Berlin in 1936, the German Central Cooperative Fund and most of the Central Commercial Funds participated in the company, which was meanwhile called Gesellschaft für zweitstelligen Grundkredit, Deutscher Bausparer Aktiengesellschaft. In 1941 the Volksbanks followed, since then it was called Bausparkasse der deutschen Volksbanken.

The company headquarter was bombed out in 1943, 1944 the operation together with the rescued business documents was moved to Schwäbisch Hall. The decision to retain this city as a corporate seat was made in 1947. At that time the creation of new housing was important, which was promoted from 1952 with the housing subsidy by the state. Since the conversion into the common mortgage lending institute of the Volksbanks and the Raiffeisenverband in 1956, the enterprise bears the name Bausparkasse Schwäbisch Hall AG. 1970 the last name changes to Bausparkasse Schwäbisch Hall AG, Bausparkasse der Volksbanken und Raiffeisebanken took place.

As a result of the fall of the Berlin Wall, the company was able to extended its business to the new federal states in 1990. The legal change in the year 1991 caused that for the first-time own holding companies could be established abroad. Branches in Luxembourg and France and subsidiaries in Slovakia, the Czech Republic, Romania, Hungary and the China were founded.[7]

Bausparkasse Schwäbisch Hall has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[8][9]

## Core business areas of the building society Schwäbisch Hall

* Mortgage lending
* Construction Financing
* Cross selling
* Foreign countries

## Subsidiary companies

* Schwäbisch Hall Kreditservice GmbH
* Schwäbisch Hall Facility Management GmbH
* Schwäbisch Hall Training GmbH

## Key figures

Jahr  | 2018[10] | 2017[11] | 2016[12] | 2015[13] | 2014[14] | 2013[15]

|
|
|
|
|
|

Customers (millions)  | 7,3  | 7,4  | 7,5  | 7,4  | 7,3  | 7,0
New mortgage loan business (€ bn)  | 28  | 29,2  | 35,0  | 31,1  | 36  | 32,8

## References

1. ↑ "Geschichte des Unternehmens". https://www.schwaebisch-hall.de/unternehmen/ueber_uns/geschichte_des_unternehmens.html.
2. ↑ 2.0 2.1 "Finanzbericht 2017". https://www.schwaebisch-hall.de/content/dam/dambsh/unternehmen/dokumente/geschaeftsbericht/Finanzbericht nach IFRS_2017.pdf.
3. ↑ "Bausparkasse Schwäbisch Hall schließt nichts aus". 21 January 2015. https://www.stuttgarter-nachrichten.de/inhalt.bauspar-altvertraege-bausparkasse-schwaebisch-hall-schliesst-nichts-aus.c61e8586-d68c-4cfd-9552-1474174c79fa.html.
4. ↑ "Sino-German Bausparkasse soll expandieren". 17 April 2017. https://www.focus.de/immobilien/interhyp/sino-german-bausparkasse-schwaebisch-hall-wittert-das-grosse-geschaeft-mit-geduldigen-chinesen_id_6971576.html.
5. ↑ "Bausparkasse Schwäbisch Hall schließt nichts aus". 21 January 2015. https://www.bankingcheck.de/banken/bausparkasse-schwaebisch-hall.
6. ↑ 6.0 6.1 "Schwäbisch Hall ist mit 7,3 Mio. Kunden die größte Bausparkasse Deutschlands". https://www.schwaebisch-hall.de/unternehmen/unternehmensportraet/kurzportraet.html.
7. ↑ "Geschichte des Unternehmens". https://www.schwaebisch-hall.de/unternehmen/unternehmensportraet/geschichte-des-unternehmens.html.
8. ↑ "The list of significant supervised entities and the list of less significant institutions". 4 September 2014. https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm-listofsupervisedentities1409en.pdf.
9. ↑ "List of supervised entities". 1 January 2023. https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm.listofsupervisedentities202302.en.pdf.
10. ↑ "Schwäbisch Hall festigt starke Marktstellung". 10 April 2018. https://newsroom.schwaebisch-hall.de/presseinformationen/schwaebisch-hall-festigt-starke-marktstellung/.
11. ↑ "Schwäbisch Hall sieht sich für die Zukunft gut gerüstet". 28 March 2017. https://newsroom.schwaebisch-hall.de/presseinformationen/schwaebisch-hall-sieht-sich-fuer-die-zukunft-gut-geruestet/.
12. ↑ "Schwäbisch Hall: So viele Kunden wie noch nie". 26 January 2016. https://newsroom.schwaebisch-hall.de/presseinformationen/schwaebisch-hall-so-viele-kunden-wie-noch-nie/.
13. ↑ "Finanzbericht 2015". https://www.schwaebisch-hall.de/content/dam/dambsh/unternehmen/dokumente/geschaeftsbericht/Finanzbericht nach IFRS_2015.pdf.
14. ↑ "Finanzbericht 2014". https://www.schwaebisch-hall.de/content/dam/dambsh/unternehmen/dokumente/geschaeftsbericht/Finanzbericht 2014_Schwaebisch Hall.pdf.
15. ↑ "Geschäftsbericht 2013". https://www.schwaebisch-hall.de/content/dam/dambsh/unternehmen/dokumente/geschaeftsbericht/Geschäfstbericht 2013.pdf.

## External links

* Webpräsenz der Bausparkasse Schwäbisch Hall AG
* Documents and clippings about Bausparkasse Schwäbisch Hall in the 20th Century Press Archives of the ZBW

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