Tag: Savings banks
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)…
Interior ministers are threatening banks with binding protective regulations
Berlin, Frankfort In view of the recent sharp increase in the number of ATM blasts, the federal and state governments are considering imposing increased protective measures by law on banks…
BayernLB benefits from the gold boom
BayernLB BayernLB generates around 90 percent of its precious metal sales with gold. (Photo: dpa) Munich BayernLB is increasingly becoming one of the most important gold traders in Germany. Last…
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…
In the crisis year, Deka earned more than ever before
Securities house of the savings banks The fund service provider of the savings banks draws a positive balance for 2022. However, expectations for the current year are subdued. Deka is…
Check24 with only 100,000 customers after three years
Check24 The bank of the comparison portal Check24, C24, currently has total assets of a good one billion euros. (Photo: dpa) Frankfurt Around three years after its launch, the bank…
C24 with only 100,000 customers after three years
Check24 The bank of the comparison portal Check24, C24, currently has total assets of a good one billion euros. (Photo: dpa) Frankfurt Around three years after its launch, the bank…
Some savings banks have branches guarded
Blow up an ATM The Frankfurt savings banks have started deploying security personnel in their branches at night. (Photo: IMAGO/snowfieldphotography) Frankfurt, Mainz In the face of increasingly brutal demolitions of…
Some savings banks have branches guarded
Blow up an ATM The Frankfurt savings banks have started deploying security personnel in their branches at night. (Photo: IMAGO/snowfieldphotography) Frankfurt, Mainz In the face of increasingly brutal demolitions of…
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…
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…
ECB inquires about commitments from European banks to Credit Suisse
Frankfurt The banking supervisory authority of the European Central Bank (ECB) has launched a survey of the largest European financial institutions about their commitment to Credit Suisse. This involves, for…
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…
Commission and interest income increases Helaba’s profits
Helaba The bank set aside 162 million euros for bad loans, 21 percent less than in the previous year. (Photo: dpa) Frankfurt The Landesbank Hessen-Thüringen (Helaba) earned more last year…
Traffic light is divided – Union calls for a clear position
EU In Brussels, the federal government vehemently represents the FDP position with regard to the EU ban on commissions. (Photo: IMAGO/Shotshop) Brussels The German financial sector has been looking to…
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…