Tag: Volksbanks
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-…
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…
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…
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…
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…
Savings banks & Volksbanks share locations
Frankfurt Savings banks and Volksbanks are increasingly operating joint ATM locations. According to a survey by the Handelsblatt, the savings banks in some regions are already cooperating with ten to…
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…
Savings banks and Volksbanks warn of Germany collapsing in deposit insurance
Helmut Schleweis and Marija Kolak The Savings Bank President and the BVR President fear that the EU deposit insurance could unsettle customers. (Photo: Uta Wagner (2)) Frankfurt Helmut Schleweis, President…
How savings banks and Volksbanks ensure foreign payments
Frankfurt Savings banks and cooperative banks want to equip the popular Girocard, formerly known as the “EC card”, with a new function on a large scale. This is how you…
Savings banks and Volksbanks will abolish the SMS-Tan in 2022
People’s Bank and Savings Bank Cooperative banks and savings banks want to abolish the SMS-Tan as a security procedure in online banking this year. (Photo: picture-alliance / ZB) Frankfurt Both…
Sparkasse women’s quota: Hardly any women on Sparkasse boards
Savings bank Only a few women are on the boards of directors of savings banks – that will not change in 2021 either. (Photo: imago images / Future Image) Frankfurt…
What does the traffic light mean for German banks?
Volksbank and Sparkasse The coalition agreement of the future governing parties provides relief for savings banks and cooperative banks. A ban on commission-based advice is not planned. (Photo: picture-alliance /…
Savings banks and Volksbanks can breathe a sigh of relief
Volksbank and Sparkasse The coalition agreement of the future governing parties provides relief for savings banks and cooperative banks. A ban on commission-based advice is not planned. (Photo: picture-alliance /…
Financial industry trembles at a commission ban
Building with shield Sparkasse Many savings banks fear for their business model if the traffic light plans for commission advice come true. (Photo: imago / blickwinkel) Frankfurt, Berlin The horror…
Savings banks and Volksbanks ally in a struggle with the Bafin
This emerges from a letter from the Federal Association of Volks- und Raiffeisenbanken (BVR), which is available to the Handelsblatt. “In the meantime, together with the German Savings Banks and…
Commerzbank boss attacks savings banks and Volksbanks
Manfred Knof “It would be better for the profitability of the German banking system if we leave this model behind.” (Photo: Commerzbank AG Pavel Becker Pavel Becker / Commerzbank AG)…