A pro-Palestine Jewish activist group has had its bank account frozen in Germany for the second time in seven years, after the bank requested a full list of its members’ details in what experts believe is a breach of German law. The group suspects the move was triggered by its involvement in a forthcoming pro-Palestine conference that has attracted intense scorn from the German mainstream.
As If all banks in Germany are state controlled…
This one in particular is owned by the public, meaning the Berlin state government can control who is on the board and appoints the advisory committee.
So, yes, it is essentially state controlled.
Not even all Sparkassen are state owned.