Tag: S finance group
“Housing is the social question of the next decade”
Helmut Schleweis The President of the German Savings Banks and Giro Association is calling for a drastic reduction in property transfer tax for owner-occupied residential property. (Photo: Marc-Steffen Unger for…
Construction financing is once again falling significantly
Development area in the west of Erlangen New business in mortgage lending fell to EUR 13.7 billion in May 2023. (Photo: IMAGO/Harry Koerber) Frankfurt, Munich New business in mortgage lending…
Construction financing is once again falling significantly
Development area in the west of Erlangen New business in mortgage lending fell to EUR 13.7 billion in May 2023. (Photo: IMAGO/Harry Koerber) Frankfurt, Munich New business in mortgage lending…
Savings banks see stabilization in construction financing
New build apartments in Berlin The interest rate turnaround by the European Central Bank brought the banks a slump in the construction financing business. (Photo: dpa) Frankfurt After the clear…
Volksbanks and Raiffeisenbanks are changing their security system
People’s Bank The Volks- und Raiffeisenbanken have voted for a reform of their security system. This should not increase the total payments. (Photo: imago images/Michael Gstettenbauer) Frankfurt The German Volks-…
Sparkasse subsidiary has been struggling with the consequences of a hacker attack for almost a week
German leasing A hacker attack has paralyzed Deutsche Leasing – and has been for several days. (Photo: Deutsche Leasing) Frankfurt The leasing subsidiary of the German savings banks has been…
Sparkasse subsidiary has been struggling with the consequences of a hacker attack for almost a week
German leasing A hacker attack has paralyzed Deutsche Leasing – and has been for several days. (Photo: Deutsche Leasing) Frankfurt The leasing subsidiary of the German savings banks has been…
The savings banks can’t do it without a dispute over state banks
savings bank The savings banks have come through the low-interest phase well. They are solid and a bit boring. When it comes to state banks, however, disputes quickly arise. (Photo:…
Lower Saxony escalates dispute with savings banks about NordLB’s future
NordLB in Hanover The Landesbank’s commission income increased by 28 percent to EUR 46 million. (Photo: dpa) Hanover In the dispute over the future direction of NordLB, which has been…
N26 offers 2.26 percent on call money – but only in Spain for the time being
Frankfurt The competition for deposits from savers is intensifying: now the Berlin smartphone bank N26 is also getting involved. The company is now launching a new savings account – and…
N26 offers 2.26 percent on call money – but only in Spain for the time being
Frankfurt The competition for deposits from savers is intensifying: now the Berlin smartphone bank N26 is also getting involved. The company is now launching a new savings account – and…
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),…
Public insurers could be forced to merge
Frankfurt, Munich The sharply rising costs could lead to mergers among public insurers. According to the rating agency Fitch, many providers are under increasing pressure to generate earnings. Against this…
Savings banks fear permanently high inflation
The logo of a municipal savings bank The boards of directors of the regional banks are more optimistic about the economic prospects, but expect persistently high inflation rates. (Photo: dpa)…
NordLB profits have risen sharply in 2022
NordLB logo The bank was saved from collapse in 2019. (Photo: imago/Eckhard Stengel) Hanover The Norddeutsche Landesbank (NordLB) significantly increased its profits last year. Profit before tax rose to 104…
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…
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…
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…
Municipalities criticize the advance of the savings bank associations
Ulrich Reuter The lawyer follows Helmut Schleweis at the head of the DSGV. (Photo: IMAGO/Stephan Görlich) Frankfurt After the regional savings bank associations agreed on the appointment of the future…
Mortgage financing: Savings banks expect continued weakness
Frankfurt The German savings banks are concerned that the important real estate financing business will run significantly worse in the long run. Due to the sharp rise in interest rates,…