>Germany
>Market is split between smaller regional and private banks
Is your Country dominated by regional or big private banks?
Jordan Hall
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Jason Bailey
Private
Sebastian Morales
I dont understand the question or your picture
Brody Wood
>I'm retarded
Angel Rogers
Big, especially post-2008
Hunter Reed
Sum of all small banks in the Euro Area ---> Which country has the most in total, nominal numbers ---> Make a pie chart out of it
Couldn't find a version that also lists the actual numbers sadly
Jonathan Thomas
That event literally wiped out all savings banks in Spain
en.wikipedia.org
>Over time, most cajas colluded with regional political establishments to create a self-serving system of unscrupulous financing for regional governments provided by politically stuffed savings banks' boards which, in turn, thrived in what has been defined as "a culture of greed, cronyism and political meddling".[2] This system was exposed in the aftermath of the global financial crisis. As a result, out of the 45 cajas in existence at the start of the crisis in 2007, only two have survived in their initial form. The rest were absorbed by banks, dismantling in effect the cajas model in Spain.
Chase Russell
But how does one define a bank to be small?
Kevin Moore
We have several banks, national and foreign (including Deutsche Bank). About twenty other financial entities (local), cooperatives. We also allow banks from other states. Brazil has a foreign branch here of Banco do Brasil S.A or Banco de la Nación Argentina, and other private branches, JP Morgan Chase Bank, some Chinese banks, the Bank of Tokyo-Mitsubishi, etc.
Andrew Murphy
most banks here are austrian, such as Erste, Raiffeisen, Bank Austria etc. They like to have shady dealings in east europe
Justin Hall
Our small local banks are huge.
Easton Reyes
Any loan and savings bank, cooperative bank, agricultural bank, credit union, regional-only bank
Nathan Cook
I've read about that a while ago
Erste shares the same logo with our Sparkasse
But they've bought up many of the bigger banks in Eastern Europe over time, it's pretty crazy
Ethan Perry
yeah thing is also that the banks are backed by political parties, coming from the old proporz system of the post ww2 era until 80s where everything was divided by party. Erste is socdem, raiffeisen con for example (and has a bunch of corruption allegations over time)
Easton Long
>yeah thing is also that the banks are backed by political parties
>Erste is socdem, raiffeisen con for example
Didn't even know that, pretty interesting
Sebastian Martin
IGN, Rabobank and ABN Amro are the most popular. But there are may more.
The newest and smallest is bunq. Which was made by a guy who runs a big internet hosting company in the Netherlands. It doesnt invest and shit with your money, unless you opt in.
Tyler Scott
*ING
ING is the megacorps. Rabobank is the farmers bank owned by people who have an account. ABN is now the government.
Bentley Mitchell
>ING
They became well-known here for their TV ads featuring German basketball player Dirk Nowitzki
Ryder Ramirez
yeah, back in the day there actually were some big restrictions, if you were ÖVP (con) supporter you had to use conservative backed companies and Banks, same for socdem. Leading to some areas, like around the town of Lenzing becoming socdem until today as a socdem backed company "Lenzing AG" is there, which is pretty important regionally as example
Wyatt Robinson
The Rabobank is considered the safest. It also doesnt have stock holders, but has members.
Chase Powell
Oh ok well then for New Zealand here are registered banks by total assets in millions. The big 4 are all Australian owned, Kiwibank was set up 20 years ago as part of government deal with a hard left party it's now just a normal bank but the government insurance and pension funds own all the shares