Tag: District Savings Bank Cologne
Overdraft interest increases significantly more than call money interest
People’s Bank and Savings Bank At least 43 percent of German banks do not pay any interest on call money, and the proportion is slightly higher for cooperative banks and…
Banks and savings banks terminate current accounts
Frankfurt If banks and savings banks want to raise the fees for current accounts, they need the explicit consent of their customers. Many credit institutions write to those who have…
Some savings banks already exchange Girocards
This does not turn the Girocard into a credit card, it remains a debit card, so payments are debited directly from the account. But online shopping still works. The same…
Some savings banks already exchange Girocards
This does not turn the Girocard into a credit card, it remains a debit card, so payments are debited directly from the account. But online shopping still works. The same…
Bank customers must increasingly expect terminations
Branch of Commerzbank Commerzbank has written to customers several times since April 2021. (Photo: imago images/Arnulf Hettrich) Frankfurt If banks and savings banks want to raise the fees for current…
Bank customers must increasingly expect terminations
Branch of Commerzbank Commerzbank has written to customers several times since April 2021. (Photo: imago images/Arnulf Hettrich) Frankfurt If banks and savings banks want to raise the fees for current…
Schufa registers an increase in negative reports
Frankfurt After a number of warnings from politics and the financial sector, there is now initial data that consumers are increasingly having payment difficulties. At the credit agency Schufa, the…
The savings banks are doing away with comfortable pensions for board members
Frankfurt It’s almost a ritual. Every time a high-ranking savings bank official speaks up, he complains about the European Central Bank’s policy of negative interest rates. “The low and negative…
More savings banks are ready for additional payments
Frankfurt The German savings banks are making a turn in dealing with controversial payments from premium savings contracts. More and more savings banks are at least open to paying customers…
Without ECB negative interest, some financial institutions are cutting custody fees
Frankfurt The European Central Bank (ECB) has nurtured hopes of an imminent turnaround in interest rates. Step by step, it should then also do without the negative interest rates for…