Deutsche Zentral-Genossenschaftsbank
German bank
Also known as: DZ Bank
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role in economy of Germany
- In Germany: Public and cooperative institutions
…by the DZ Bank (Deutsche Zentral-Genossenschaftsbank, or “German Central Cooperative Bank”), which serves as a central bank for some 1,500 industrial and agricultural credit cooperatives.There are also public and private mortgage banks, installment credit institutions, and the now-privatized postal check and postal savings systems, which were once operated by…
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