Bankhaus Ellwanger & Geiger KG

1912 On 20 February 1912, in a period of economic growth, the notarial trainees Wilhelm Ellwanger and Eugen Geiger opened a mortgage shop at Hirschstrasse 39 in the old centre of Stuttgart. 1916 In 1916 both founders served as soldiers in the First World War. If Miss Emma Kayser had not been able to continue the business by communicating with the owners of the company regularly by field post, the new company would have closed down very soon. 1919 The two owners returned unharmed from military service. In spite of the difficult circumstances in the post-war period, they managed to extend the company's activities to other banking services. 1923 The year of high inflation. The salaries of the employees were paid each day at about 11 o'clock so that they could go shopping before the new dollar exchange rate was announced, i.e. before the next deflation of the Mark. The end of the inflation in the autumn of 1923 forced some banks to close due to lack of assets, but this did not apply to Ellwanger & Geiger, which retained its most valuable asset, the confidence of its customers. 1924 The company had to start afresh. The balance sheet as of 1 January 1924 showed the grand total of 116,000 Reich Marks in assets and liabilities. The number of staff grew, and the company again needed to move to larger premises. It moved to the corner building at Calwer Strasse 10, thus remaining in the centre of Stuttgart. 1937 The scope of consulting services offered by Ellwanger & Geiger was extended to include estate agency services and investments in 1937 when Dr. Erich Ellwanger, the son of the co-founder, entered the company. 1944 In the night from 24 to 25 July 1944, when the city centre was devastated in an air raid, the building at Calwer Strasse 10 was also destroyed by bombs. But the summer that year was so dry that the staff could often continue their work outdoors. Soon afterwards, the company moved to the rear building at Christophstrasse 18. 1945 Plundering by the occupation troops in the last few days before the end of the war removed significant assets from the company's strong rooms and safes. 1948 Shortly after Dr. Erich Ellwanger returned from captivity as a war prisoner, his father died in 1948 in the same week as the currency reform – a decisive time for the reorganisation of economic life. So the son then took over the company. 1949 In October 1949 the company acquired rooms which suited its business needs by participating in the construction of the building at Kronprinzstrasse 20 B on the corner of Gymnasiumstrasse. 1951 From 1 January 1951, the privately owned company became a limited partnership headed by Dr. Erich Ellwanger as its personally liable shareholder and a Swiss industrialist as a limited partner. 1961 The expansion of the business volume again brought the question of space to the fore, and this was solved by taking over the ruined site at Kronprinzstrasse 19 and building on it. On 18 February 1961 the bank finally moved into its own building, marking a milestone in its history and its wanderings. 1972 On 1 January 1972 Dr. Friedrich W. Hofmann joined Dr. Erich Ellwanger as a personally liable shareholder of the bank. 1973 Dr. Friedrich W. Hofmann worked together with Wolfram R. Nestel, who joined the company in 1973 and became another personally liable shareholder a few years later, to start a new era. There was a major expansion of both the volume of business and the number of customers. In 1973 the first real estate crisis arose in Germany due to excessive building. But the bank weathered this crisis with a small staff and customer-oriented work. 1975 In 1975, new shareholders were added in connection with a capital increase, including the Württembergische Kommunale Landesbank-Girozentrale-Stuttgart, which is now the Landesbank Baden-Württemberg. At the same time, the bank set up a controlling body in the form of a Supervisory Board. 1979 Dr. Erich Ellwanger withdrew from the management at the end of 1979 and joined the Supervisory Board. From this time onwards, Dr. Friedrich W. Hofmann and Wolfram R. Nestel were fully responsible for conducting the company's business. 1989 The company moved into the new bank building at Torstrasse 15 which offered enough room for 120 employees. The organisation DIP (Deutsche Immobilien Partner) was founded. As a result of this cooperation between several real estate companies, the bank was able to work intensively for the privatisation trust agency (Treuhandanstalt) in the new federal states after German reunification on 3 October 1990. 1999 In 1999 Dr. Volker Gerstenmaier, who had worked for the bank in various capacities since 1989, became another personally liable shareholder. The company E&G Financial Services GmbH was founded, which specialises in complex property financing. 2001 In 2001 Mario Caroli became another personally liable shareholder of the bank. By creating a new department for private finance management, the bank offered its customers a particularly exclusive service in the private banking sector. Founding of E&G Immobilien Management GmbH, which manages commercial properties throughout Germany. 2003 Wolfram R. Nestel resigned as a personally liable shareholder at the age of 65 and joined the Supervisory Board. 2004 Dr. Friedrich W. Hofmann also resigned at the age of 65. 2006 Founding of the subsidiary E&G Asset Management GmbH which advises national and international investors and property owners on the property investment activities. It optimises portfolios and is responsible for the development and implementation of the necessary strategies. 2007 Founding of E&G Valuation GmbH; a cooperation for competent valuation of properties and portfolios throughout the country.

Address: Börsenplatz 1, 70174 Stuttgart Stuttgart, Germany

Phone: +49 711 21480
FAX: +49 711 2148 123