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Corporate Purpose Hrb 25 Oct 2010 German Trade Register Announcements, Germany (20/10/2010)
Overview
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Landesbank Hessen-Thüringen Girozentrale, Frankfurt am Main und Erfurt (
Unnamed street ??, 60311 Frankfurt a. Main, Germany
). Subject corrected of its own motion, now: New subject matter: The bank is responsible in particular for the tasks of a central savings bank, a municipal bank and a state bank in the states of Hesse and Thuringia. As a savings bank, the bank manages in particular the liquidity funds of the savings banks in the states of Hesse and Thuringia through an appropriate investment policy and provides the savings banks with appropriate liquidity loans. Furthermore, in cooperation with the savings banks, it is the business of the association. As a municipal and state bank, the Bank provides banking operations of the municipalities and municipal associations, the Länder of Hesse and Thuringia, other bodies, institutions and foundations under public law, as well as companies close to them, and supports them with their business activities in the performance of their tasks. The Bank can take over fiduciary and public funding responsibilities for the Länder of Hesse and Thuringia and other public administration bodies. In the field of public support, in particular housing and urban development, the economy, agriculture and environmental protection, the tasks are carried out by the business areas established at the Bank in Hesse and Thuringia in accordance with Article 8 (4) of the State Treaty establishing a joint savings bank organisation Hessen-Thüringen. The bank operates a building society, in particular in the states of Hesse and Thuringia, in accordance with the provisions of the Law on Building Savings Banks under the name "Landesbausparkasse Hessen-Thüringen" a.s. a legally independent entity. A separate annual financial statement and a management report must be drawn up for the building society. The Bank may conduct banking operations of all kinds and other services and transactions customary in the credit sector, provided that banking and other services and transactions serve, directly or indirectly, the purpose of the Bank. In this context, it may enter into shareholdings, create its own independent facilities and acquire and sell built-up and undeveloped land and rights of the same property. The Bank is entitled to issue Pfandbriefe in accordance with the provisions of the Pfandbrief Act and other bonds. As part of its tasks, the Bank may enter into memberships of associations and other organisations. The Bank's business shall be carried out in accordance with commercial principles. In general, economic considerations must be taken into account and the interests of savings banks and municipalities must be promoted. Taking into account the Bank's public contract, profit is not the main purpose of the business.
This filing was translated from German to English. The filing refers to a past date, and does not necessarily reflect the current state. The latest known state is available on the following page: Landesbank Hessen-Thüringen Girozentrale, Frankfurt a. Main, Germany.