Tag: ING
Direct bank DKB raises interest on call money to 3.5 percent.
DKB The DKB has more than 5.3 million users. (Photo: IMAGO/Lobeca) Frankfurt In the competition for customer deposits, German financial institutions are stepping up the pace. Three days after ING…
ING raises interest rates for new customers to 3.5 percent
View of the financial district in Frankfurt The turnaround in interest rates by the European Central Bank (ECB) is driving up interest rates on call money. (Photo: dpa) Frankfurt In…
ING raises interest rates for new customers to 3.5 percent
View of the financial district in Frankfurt Interest rates The turnaround in interest rates by the European Central Bank (ECB) is driving up overnight interest rates. (Photo: dpa) Frankfurt The…
Commerzbank
Frankfurt Setback for Commerzbank: Due to concerns of the financial supervisory authority, the institute cannot make Rüdiger Rass the new risk director as planned. Instead, the new chairman of the…
Tesla has to take back the vehicle
Tesla Model S The judges in Belgium were convinced that the Tesla had “actually serious defects”. (Photo: AP) Berlin, Dusseldorf The electric car manufacturer Tesla has suffered another defeat in…
Frankfurt is growing, but Berlin even more
Berlin skyline The capital is in demand with German fintechs. (Photo: dpa) Frankfurt Main location for German fintechs, contact point for international talents and also for some business units of…
These are the best car loans
car financing The terms of car loans are often the same as those of general installment loans. (Photo: dpa) Cologne Cars are expensive. In 2022, 27 percent of all used…
Why business in Germany would be difficult
Apple With its new commitment in the financial sector, the tech group is putting enormous pressure on traditional banks. (Photo: Reuters) Frankfort, San Francisco A new offer from the tech…
Commerzbank does not convince investors despite the jump in profits – the share collapses
Dusseldorf Thanks to rising interest rates and the robust German economy, Commerzbank started 2023 with a strong jump in profits. With its outlook for the rest of the year, however,…
So there are chances for more profitability
Deutsche Bank In the 2022 financial year, the bank earned more than it had since 2007. (Photo: AP) Frankfurt When Deutsche Bank boss Christian Sewing speaks virtually to his shareholders…
ING exceeds expectations – and announces billion-dollar share buyback
ING For its Russia portfolio alone, ING booked a reversal of provisions amounting to 118 million euros. (Photo: imago images/Belga) Frankfurt The major Dutch bank ING significantly exceeded expectations in…
60 percent of purchases are paid in cash
money in the till Customers used cash, especially for smaller amounts. (Photo: dpa) Frankfurt Consumers in Germany still prefer to pay with cash. 59.4 percent of all transactions at the…
14 million Visa debit cards in Germany
Visa logo Banks in Germany have issued 14 million Visa debit cards. (Photo: imago images/Silas Stein) Frankfurt The US payment group Visa has almost tripled the number of its debit…
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…
Former ING board member becomes chief advisor at Teneo
Joachim von Schorlemer The manager has made a name for himself in the industry over a period of more than 40 years. (Photo: Bert Bostelmann for Handelsblatt) new York New…
Price pressure in Germany decreases slightly
Frankfurt The inflation rate in Germany continued to fall slightly in April. Consumer prices increased by 7.2 percent compared to the same month last year. This was announced by the…
European banks will start their own payment service in 2024
Pay by smartphone The European Payments Initiative (EPI) plans to start mobile-to-mobile payments in 2024, with other mobile payments to follow. (Photo: Moment/Getty Images) Frankfurt A new alternative to Visa…
European banks want to start their own payment service in 2024
Frankfurt A total of 16 European financial service providers, including Deutsche Bank and the savings banks, want to start a new European payment system at the beginning of next year.…
This is how economists comment on the collective bargaining agreement
Marcel Fratzscher Fratzscher fears that the estimated additional costs of 17 billion euros as a result of the deal will be “a massive financial burden that will lead to further…