Financial services Proximity to economic research is essential in order to keep the sector innovative. In Bavaria, the large number of research institutions meets many successful companies in the financial sector. There is plenty to do together. It gets done in Bavaria.

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7th Bayerischer Finanzgipfel

7th Bayerischer Finanzgipfel

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Capital of venture capital: Munich!

Capital of venture capital: Munich!

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Christian Gnam

+49 89 24210-7506

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Blogs from the financial services industry

Capital of venture capital: Munich!

Capital of venture capital: Munich!

Two recent studies reveal that both Bavaria and Munich are the number one location in Germany for the venture capital industry. Thus optimal...
Crowdfunding – new ways to achieve market success

Crowdfunding – new ways to achieve market success

When many people pull together, even small contributions can make a significant difference: Crowdfunding and crowdinvesting are widely...
Canadian Prime Minister Harper visits Munich: “Bavaria is the powerhouse of the powerhouse Germany”.

Canadian Prime Minister Harper visits Munich: “Bavaria...

Canadian Prime Minister Stephen Harper and Minister of International Trade Ed Fast visited Munich at the head of Canadian business...
Top credit rating: Bavaria's remains AAA

Top credit rating: Bavaria's remains AAA

The rating agencies Moody’s and Standard & Poor’s have given Bavaria top marks. The state therefore retains its status as number one in...
FDI ranking: Future potential for Bavaria

FDI ranking: Future potential for Bavaria

When looking for the right location for a company, comparative studies are an effective way of gaining a well-founded overview of the...
PwC State Finance Benchmarking 2013: Bavaria's budget is number one

PwC State Finance Benchmarking 2013: Bavaria's budget...

In its current State Finance Benchmarking, the auditing company PriceWaterhouseCoopers certifies the excellent position of the Free State of...

Sector in brief

Proximity to economic research is essential in order to keep the sector innovative. Bavaria is home to numerous companies from the fields of banking and insurance, asset management, venture capital, leasing and factoring. This means that, in Bavaria, the large number of research institutions meets many successful companies in the financial sector. There is plenty for them to do together. It gets done in Bavaria.

 

 

100 insurance companies are based in Bavaria

Around 179,000 people work in the financial economy in Bavaria. Around 100 companies in the insurance sector are based in Bavaria, making the state one of the world's leading insurance locations. These companies include Allianz AG and Munich Re, the world's largest reinsurer. Bavaria's banking and insurance sector has seen growth of 59 per cent since the start of the 1990s. The sector in Bavaria appears stable and robust, with the forward-looking stock exchange, innovative asset management and Bavaria as Germany's most important state of venture capital.

Figures from the financial services sector

employees in Bavaria
per cent of German VC companies are based in Munich
per cent growth in the banking and insurance sector in Bavaria since the early 1990s
banks in Bavaria

Talent and research

All aspects of the economy are at home at Bavaria's universities. They offer chairs in business and political economics with renowned academics, law faculties focusing on business law, business information systems and industrial engineering. All chairs provide practice-orientated teaching and research of immediate use to companies in the sector. In the end, this benefits companies in every sector, because Bavaria can offer them a healthy infrastructure for robust financing.

Excellent research institutions and networks such as Bayerisches Finanz Zentrum e.V. are dedicated to promoting the next generation of specialist and management staff, among other projects. Recruiting in the sector is supported by the careers centre on the fiveGO web portal, run by Bayerisches Finanz Zentrum e.V. Here, companies can look for and find their ideal graduates in subjects related to the financial or insurance sector. The portal also serves as a project marketplace, bringing science and companies together. This allows expertise from research to be made available to companies quickly.

Networks

Bayerisches Finanz Zentrum e.V. is the cluster platform for the financial and insurance economy in Bavaria. Its work focuses on its function as the interface between research and practice in the sector's companies. To do this, the platform initiates projects and studies with practical partners from business and funds the next generation of specialist and management staff in the sector. The careers centre also supports companies in recruiting and by organising events for valuable exchange of experience.
The cluster platform Bayerisches Finanz Zentrum e.V. is active throughout Bavaria and is supported by regional networks, some of which it initiated itself. These include the Nuremberg office of Bayerisches Finanz Zentrum, which networks actors in the insurance and financial sector in northern Bavaria and, in future, will also organise a regular round of meetings for regional actors in the sector. Another regional network is the Munich Financial Center Initiative (FPMI), whose roles include bringing together activities happening on the ground, representing the interests of the financial centre and securing a supply of capital for companies in the region.

Location map

Companies in the Bavarian financial services sector

We are there for you locally, worldwide

Are you looking for a new company location? We provide you with all the important information and top support for your investment project. Our representative supports you locally in your national language. In addition, our contact in Bavaria is happy to advise you, too. Our service is free and confidential.
Jan Danisman 1540 Broadway 24th Floor 10022 New York +1 212 317-0588
Florian Hubauer 388 Market Street, Suite 1050 94111 San Francisco +1 415 362-1001
Christian Gnam Prinzregentenstr. 22 80538 München +49 89 24210-7506