Aug
31
2017

Completed Million

Bausparkasse Schwabisch Hall achieved best new business in the company’s history. By the same author: Andrew Cuomo. Expanded market share to 30 percent with record results the Bausparkasse has completed Schwabisch 2008 Hall of the year. The building society of the cooperative FinanzVerbunds recorded the best home savings new business of the company’s history with 32 billion EUR (+ 16.9%) and further their advantage ahead of the competition. the Bausparkasse Schwabisch Hall has able to avoid the unprecedented negative trend on the financial markets completely. We look back on the most successful year in our company history”, so the Chairman of the Board Dr. Matthias today Metz at the press conference of the year.

In the business field of home savings building society an increase of 27 percent graduated from 1.1 million contracts. The market share for the first time is 30 percent. For the construction money allocations, the company achieved a new peak with almost 13 billion EUR (+ 13.3%). Foreign trade also developed positively: the five subsidiaries have a total Completed 690,000 savings volume of EUR 8.6 billion (+ 18%). For 2009 Hall Chief Metz was convinced, that the building society will stand well even after the boom year Schwabisch. Building society saving was placed on sustainability and have proved in the past decades over many crises over.

The Bausparkasse Schwabisch Hall AG is the largest building society in Germany with 6.6 million customers and a market share of 30 percent. 2008, the company completed 1.1 million savings over 32 billion euros. Hall works with more than 7,000 employees Schwabisch closely with cooperative banks. Abroad is active Schwabisch Hall with praying rigging companies in the Slovakia, Hungary, Romania, Czech Republic and China and there 3.4 million customers.

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