The story
The bank was founded on 4 December 1963 under the name Steyler Missionssparinstitut Sankt Augustin GmbH. After being entered in the German Trade Register on February 13, 1964, the bank began operations. Previously, the Steyler Missionare had already been entrusted with funds whose interest income the missionaries could use for their work. This was no longer allowed by the Bankenaufsicht in 1964, so that the Steyler Missionare decided to found their own bank.
While the focus was still on the classic field of investment until the late 1990s, from 2000 the securities sector was added. In this context, the name was changed to Steyler Bank GmbH in 1999. In 2002, the branch in Austria was opened. On 1 June 2018, it was transferred from the Mission House St. Gabriel in Maria Enzersdorf to the city center of Vienna, because the previous rooms were needed by the Order for a different purpose.
From Wikipedia’s article on Steyler Bank, shared under CC BY-SA 4.0.5