The PSD Bankengruppe is a German cooperative banking group consisting of 14 autonomous and independent financial institutions. The business model of the PSD banks is a combination of regional direct and affiliated bank. It provides retail banking services via internet, telephone, e-mail, mail and fax or at local branches, it only provides services to retail clients and does not offer banking to self-employed and businesses.
The name PSD originated from the former name Post-Spar- und Darlehnsverein . The Post-Spar- und Darlehnsverein banks originally provided financial services by postal clerks only and were assigned to the areas by the post office. They are particularly connected to their area and predominantly operate at a local level.
Source: Wikipedia.org
Copyright: Creative Commons 3.0
| | Public | German
Address: Kiel, Germany
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