Fürst Fugger Privatbank

Fürst Fugger Privatbank is a small German regional bank in Augsburg, founded in 1954 and mainly serving the Swabian region of Bavaria, with 141 employees. Its name refers to the historical Fugger banking house that ceased to exist in the 17th century, but the companies have no relation.

Fürst Fugger Privatbank

Formerly	Friedl & Dumler GmbH
Company type	AG
Industry	Financial services
Founded	1954 (1954)
Headquarters	Augsburg, Germany
Products	Retail banking and commercial banking serving the Swabia region
Number of employees	141
Website	fuggerbank.de

The Eagle's Gate, now the entrance to the Fürst Fugger Privatbank at the Fugger houses in Augsburg

History

Fürst Fugger Privatbank was founded when Friedrich Carl Fürst Fugger-Babenhausen acquired the small bank Friedl & Dumler GmbH in 1954. However, the bank only received its current name in 1994.^[1] Since 1999, Fürst Fugger Privatbank has been majority owned by the Nürnberger Versicherungsgruppe insurance company, although prince Hubertus Fugger-Babenhausen still holds a stake. He also owns the Fuggerhäuser in Augsburg, where the bank has its main seat.