rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » A bank in Germany has just one employee

A bank in Germany has just one employee

Last updated on: February 15, 2013 12:25 IST

A bank in Germany has just one employee

     Next

Next

There are some banks that employ thousands of people, have billions in assets and are spread all over the world. Then there are some that have handful of workers, thousands in assets and operate in only couple of towns. But even these banks are much bigger than the bank in a German village.

Let's take a look at a bank that has just one employee.

Click NEXT to read more...


Image: A woman looks at highrise buildings in Tokyo, Japan.
Photographs: Yuriko Nakao/Reuters
Tags: , Germany

     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

A view of the village of Gammesfeld in Baden Wuerttemberg, which has 500 residents and boasts Germany's smallest bank.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter, CEO of Raiffeisen Gammesfeld eG bank, unlocks the door of the bank in Gammesfeld, Baden-Wuerttemberg. The Raiffeisen Gammesfeld eG cooperative bank is one of the country's smallest banks and is the only one to be run by just one member of staff.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter, CEO of Raiffeisen Gammesfeld eG bank, hangs up the table of prices at the bank in Gammesfeld, Baden-Wuerttemberg. All banking duties are done by Breiter who records the daily business by hand, partly on paper. The bank is not connected to a database system, there are no automatic teller machines and its customer base consists only of residents of the town of Gammesfeld which has a population of around 510.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter washes the floor in the waiting room of the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

A document from 1893 is framed on the wall at the Raiffeisen Gammesfeld eG bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter, CEO, and former CEO of the bank Fritz Vogt, 82, talk at the counter of the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter takes money out of a safe at the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter welcomes customer Mandes Rueger, 30, at the counter of the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Two ladies sit in the waiting room of Raiffeisen Gammesfeld eG bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

The signatures of the people running Germany's smallest bank, the Raiffeisen Gammesfeld eG bank are seen on a wall in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Former CEO of Raiffeisen Gammesfeld eG bank Fritz Vogt, 82, writes into a saving book at the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter cashes out money to a customer at the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter uses a typewriter at the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

A Raiffeisen Gammesfeld eG bank stamp is pictured at the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter displays the latest floppy disks at the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

An old adding-machine is seen in the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter uses a typewriter at the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter serves customer Mandes Rueger, 30, at the counter of the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter bites into his lunchtime snack as he leaves a corner shop in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

A stack of euro bills is seen in Germany's smallest bank, the Raiffeisen Gammesfeld eG bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter rolls euro coins in paper at the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter works with an old adding-machine at the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter serves a customer at the counter of the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

An audit report of Raiffeisen Gammesfeld eG bank, dating back to 1929, is pictured at the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     Next
Prev

Next

Peter Breiter is seen through a window as he speaks to a customer at the bank in Gammesfeld, Baden-Wuerttemberg.

Click NEXT to read more...


Photographs: Lisi Niesner/Reuters

Prev     Next

A bank in Germany has just one employee

Prev     More
Prev

More

Peter Breiter serves a customer at the bank in Gammesfeld, Baden Wuerttemberg.


Photographs: Lisi Niesner/Reuters

Prev     More