A Leader in Many Areas
As a financial center, Munich is globally preeminent in insurance, a leader in banking and asset management, an important exchange center, and Germany’s most important location for private equity, venture capital and leasing activities. The value created by the Bavarian loan and insurance industry alone – from a high starting level – grew by almost 55 percent between 1991 and 2004. This makes the financial sector one of Bavaria’s leading growth engines.
