Tag: Savings banks
Why many small banks are currently less profitable than large institutions
Frankfurt The abrupt turnaround in interest rates by the European Central Bank divides the German banking industry into two camps. On the one hand, institutes like Commerzbank and Deutsche Bank,…
Why many small banks are currently less profitable than large institutions
Frankfurt The abrupt turnaround in interest rates by the European Central Bank divides the German banking industry into two camps. On the one hand, institutes like Commerzbank and Deutsche Bank,…
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…
Banks feel the slump in the real estate market
Frankfurt The slump in the residential real estate market is leaving its mark on the balance sheets of banks and savings banks. The bottom line is that the portfolio of…
Banks benefit from customer inertia
Bank towers in Frankfurt Most banks do not yet pay interest on call money. Your customers won’t run away either. (Photo: dpa) The European Central Bank (ECB) has raised interest…
Why many banks and savings banks have not yet paid any interest
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…
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…
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…
ECB fines Helaba millions – regulator speaks of “serious violation”
View of Helaba The institute underreported market price risks during the corona pandemic. The ECB banking supervisor has now sanctioned this. (Photo: dpa) Frankfurt The Landesbank Hessen-Thüringen has to pay…
Matthias Neth will soon lead the Savings Banks Association of Baden-Württemberg
Matthias Neth and Peter Schneider Matthias Neth (left) will be President of the Savings Banks in Baden-Württemberg from May 2024. The CDU politician is currently district administrator of the Hohelohe…
Savings banks hope to win the TransnetBW deal
power pole The savings banks in Baden-Württemberg reckon they have a chance of getting involved with the power grid operator TransnetBW. (Photo: imago images/Jan Eifert) Stuttgart, Frankfort The savings banks…
Savings banks in Baden-Württemberg have to write off almost one billion euros on securities
Savings banks in Baden-Württemberg In 2022, interest income at institutions rose again for the first time in years. (Photo: dpa) Stuttgart The savings banks were hit hard by the price…
Savings banks are in favor of merging the Riester and Rürup pensions
Savings banks advocate merging Riester and Rürup pensions Politicians are discussing new concepts for private old-age provision. Insurers and savings banks are trying to position themselves early. (Photo: ullstein bild…
At least one ATM is blown up every day
Demolished ATM of a Volksbank in Sauerland on Wednesday (02/01/2023) After an ATM in Kierspe (Märkischer Kreis) was blown up, there was a chase in which the perpetrators aimed a…
At least one ATM is blown up every day
Demolished ATM of a Volksbank in Sauerland on Wednesday (02/01/2023) After an ATM in Kierspe (Märkischer Kreis) was blown up, there was a chase in which the perpetrators aimed a…
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…
Neobroker Scalable Capital offers 2.3 percent interest on call money
Scalable Capital office space The fintech has been able to increase the number of customers by 67 percent to over 500,000 customers since July of last year. (Photo: picture alliance…
Bafin President on interest rate risks: “The first line of defense has been removed.”
Bafin President Mark Branson The financial supervisor warns: many banks have already used up their hidden reserves and have hardly any buffer left for further valuation losses. (Photo: Maurice Kohl)…
Dispute between WestLB successors goes to the Federal Court of Justice
Portigon flags The institute wants to use legal means to force the first liquidation institution to take over the tax authorities’ claims for reimbursement. (Photo: dpa) Cologne, Frankfurt The billion-euro…