1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites

A German SME founds its own bank

July 4, 2014

In the aftermath of the debt crisis, many companies in southern Europe are still struggling to get credit from banks.

https://p.dw.com/p/1CVws

A German SME has decided to take matters into its own hands. It has taken the bold step of setting up its own bank. With 17 million euros in funds, the Trumpf Group hopes the bank will pick up business throughout Europe.