Tag: people’s banks
The banks are moving, but slowly
Dialogue at the bank counter Financial institutions are currently benefiting from lazy customers. (Photo: E+/Getty Images) Frankfurt The majority of Germans have not yet benefited from the change in monetary…
Volksbanks and Raiffeisenbanks want to reform the security system
Volks- und Raiffeisenbank (VR) The German cooperative banks are considering adjusting their security scheme again. It should take the risks of individual financial institutions even more into account. (Photo: imago…
Financial regulator examines some small banks more closely
housing The financial regulator Bafin takes a closer look at some credit institutions with their own real estate holdings. (Photo: dpa) Frankfurt The financial supervisory authority Bafin examines the real…
Interest on overnight money? None at most savings banks
Frankfurt Although the prime and deposit rates in the euro zone have risen significantly, almost two-thirds of German credit institutions have so far not paid any interest on call money.…
Banks want to be able to raise prices more easily again
Frankfurt, Berlin The German banks and savings banks want to get rid of the approval requirement for fee increases. They are aiming for an amendment to the German Civil Code,…
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…
Many Volksbanks go into a merger
Volksbank-Raiffeisenbank and Sparkasse There are still many mergers among both cooperative banks and savings banks. The shortage of staff could drive mergers in the future. (Photo: IMAGO/Michael Gstettenbauer) Frankfurt There…
Evaluation of customer data: cooperative banks wrestle with data protectionists
Frankfurt In view of more online banking and fewer branch visits, the cooperative banks jump on the trend towards data-driven customer contact and set up their own data company. According…
Cooperative banks want to take part in the European payment system
Maria Kolak According to the President of the Association of German Volksbanken and Raiffeisenbanken, it is becoming more important to achieve greater independence in Europe. (Photo: Uta Wagner for Handelsblatt)…
Cooperative banks want to take part in the European payment system
Pay by smartphone Through a joint initiative, banks in the EU want to reduce their dependence on US corporations. (Photo: DigitalVision/Getty Images) Frankfurt After lengthy discussions, the Volks- und Raiffeisenbanken…
Mastercard & Visa attack the Girocard in Germany
giro card Around 100 million Girocards (“EC cards”) are in circulation. In many cases, there are changes to international payments because Mastercard’s Maestro function is being phased out. (Photo: dpa)…
Savings banks are experiencing a slump in Germany
house building The weakness in construction financing could be dangerous for German banks and savings banks. (Photo: PR) Frankfurt The booming construction financing business in Germany has collapsed at many…
The proportion of women on executive boards remains low
savings bank The proportion of women on savings bank boards is increasing only minimally. (Photo: imago/Winfried Rothermel) Frankfurt The proportion of women on savings bank boards remains at a low…
InflatiThe concerns of the middle class
“The crisis and the loss of prosperity are affecting the middle class, which has not been used to receiving transfer payments and has even refused in some cases,” said the…
Volksbanks postpone shutdown by a few months
People’s Bank and Savings Bank The Volks- und Raiffeisenbanken are postponing the deactivation of the SMS tan until the end of September. Even with some savings banks, the replacement takes…
Collective bargaining agreement for cooperative banks in Germany
People’s Bank logo In their third round of negotiations, the collective bargaining partners reached an agreement. (Photo: dpa) Neu-Isenburg/Frankfurt The more than 135,000 employees of the Volks- und Raiffeisenbanken in…
Significantly fewer branches are being closed in Germany
Former Sparkasse branch In Germany, the number of bank branches has fallen significantly in recent years. (Photo: imago/Steinach) Frankfurt The number of bank branches in Germany has been falling for…
German banks are closing significantly fewer branches.
Former Sparkasse branch In Germany, the number of bank branches has fallen significantly in recent years. (Photo: imago/Steinach) Frankfurt The number of bank branches in Germany has been falling for…