Sunday 17 February 2013

A bank in Germany has just one employee


A woman looks at highrise buildings in Tokyo, Japan.
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.




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




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.



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.




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




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




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




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




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




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



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



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




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




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




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




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




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



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




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




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



A stack of euro bills is seen in Germany's smallest bank, the Raiffeisen Gammesfeld eG bank in Gammesfeld, Baden-Wuerttemberg.
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Peter Breiter rolls euro coins in paper at the bank in Gammesfeld, Baden-Wuerttemberg.




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




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




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




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



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

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