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Thüringer Aufbaubank, Anstalt des öffentlichen Rechts, Erfurt, Germany
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Corporate purpose
1.granting and processing loans, credits, grants and other financial assistance; 2. Assumption of sureties, guarantees and other guarantees; 3. Acquisition of shareholdings; 4. Investment of liquid funds with credit and financial institutions As a rule, credit institutions (house banks) should be involved in the granting of loans and credits to the commercial economy. They shall raise funds necessary for the performance of their tasks in a banking manner, in particular by: 1. taking out loans from public authorities, banks, insurance companies and other capital collection agencies; 2. Issuance of bonds and issue of profit participation rights; 3. raising of subordinated liability capital; 4. Fiduciary management of funds and management of special funds made available to it by public authorities.
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