Dresdner Bank
Six subsidiary banking companies were founded wholly or in part by the Bankverein (largely in co-operation with the Dresdner Bank), giving foreign banking and exchange facilities, a small incident in the general scheme of the Bankverein. Four German banks, with 13 branches, were absorbed wholly and another jointly with the Dresdner Bank. In addition, through ownership of shares, it maintained community of interest relations with three important banks, having 21 branches and numerous agencies, deposit offices and subsidiary connections. Most important, however, is the community of interest, mutual in terms, between the Dresdner Bank and the Bankverein, beginning 1 January 1904.