Tag: GDPR
Portfolio of mortgage lending falls for the first time in eleven years
Residential construction in the new development area in Duisburg Demand for real estate loans collapsed in the first quarter of 2023. The loan portfolio at the savings banks is now…
What’s the protection for the big day?
Wedding Insurance According to a guide from the German Savings Banks and Giro Association, a wedding costs between 6,000 and 30,000 euros. (Photo: dpa) Dusseldorf It could have been so…
2023 will be a difficult year for these sectors
Wind turbine assembly in Bottrop Sectors such as mechanical engineering have improved their profits significantly over the past year. (Photo: mauritius images / Rupert Oberhäuser) Dusseldorf, Berlin Rising prices and…
2023 will be a difficult year for these sectors
Dusseldorf, Berlin Rising prices and interest rates, high energy costs and the war in Ukraine weigh heavily on the future prospects of German companies – especially medium-sized companies. This is…
Savings banks and Volksbanks are considering bonding technology
Blasted ATM In 2022, almost 500 ATMs in Germany were blown up, more than ever before. (Photo: IMAGO/Jochen Tack) Frankfurt The first savings banks and Volksbanks are considering using the…
Savings banks and Volksbanks are considering new technology to protect ATMs
Blasted ATM In 2022, almost 500 ATMs in Germany were blown up, more than ever before. (Photo: IMAGO/Jochen Tack) Frankfurt The first savings banks and Volksbanks are considering using the…
Savings banks want to use bonding technology in ATMs soon
Frankfurt In the future, the German savings banks will also rely on adhesive systems to protect against attacks on ATMs. “Of course, the savings banks will use the bonding technology…
Savings banks want to use bonding technology in ATMs soon
Frankfurt In the future, the German savings banks will also rely on adhesive systems to protect against attacks on ATMs. “Of course, the savings banks will use the bonding technology…
61 million euro glitch at DWP Bank
stock price The background to the multi-million dollar glitch is a complex certificate business for a private custody account customer. (Photo: Bloomberg/Getty Images) Frankfurt The German Securities Service Bank (DWP),…
Financial supervision puts pressure on NordLB
NorthLB The Norddeutsche Landesbank from Hanover is under pressure from the banking supervisory authority. (Photo: dpa) Frankfurt The situation at Norddeutsche Landesbank (NordLB) is coming to a head. While the…
The ECB supervisors are worried about the nervousness in the markets
Frankfurt The recent plunge in banking shares has scared Europe’s top regulator of the industry. “What really worried me was the level of nervousness I saw in the markets,” said…
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…
Allianz and DWS: fund business suffers from scandals
DWS: Wealth division of Deutsche Bank DWS and Allianz Global Investors are suffering from the withdrawal of funds from their customers. (Photo: Reuters) Frankfurt The fund market in Germany is…
Savings banks write off eight billion euros on securities
Frankfurt The German savings banks have to make historically high value adjustments on their own investments due to the rapid rise in interest rates. At the end of last year,…
Bankruptcy of the Silicon Valley Bank causes unrest in Germany
Skyline of the Frankfurt financial district After the bankruptcy of the Silicon Valley Bank, Commerzbank shares temporarily collapsed by 16 percent on Monday. (Photo: Reuters) Frankfurt The level of nervousness…
New Sparkasse boss calls for more support for house builders.
>>iOS >> Read here: Hypoport boss on the dream of owning a home: “For many families it’s a disaster” Banks as lenders play an essential role in moving the economy…
Volksbanks dismantle almost 2,000 ATMs
Blasted ATM in Hamburg The wave of ATM demolitions will not decrease in 2023 either. In the first seven weeks of this year there were already around 70. In the…
Volksbanks dismantle almost 2,000 ATMs
Blasted ATM in Hamburg The wave of ATM demolitions will not decrease in 2023 either. In the first seven weeks of this year there were already around 70. In the…
Why the government’s Facebook page should be taken down
However, all authorities are responsible for adhering to the law in an “exemplary manner”. “According to the results of my tests when operating a fan page, this is currently impossible…
Owners argue about NordLB’s course
NorthLB The state of Lower Saxony and the nationwide savings banks are fighting over the future course of the Hannoveraner Landesbank. The country is the largest owner, but the savings…