At the autumn meetings of the International Monetary Fund (IMF) and the World Bank in Nusa Dua (Bali/Indonesia), Helmut Schleweis, President of the German Savings Banks Association (DSGV), advocated greater differentiation and proportionality in financial market regulation.
Schleweis: “Financial market regulation needs to be focused more precisely on high-risk institutions”
IMF Meeting: DSGV sees significant global stability risks
DSGV President Helmut Schleweis warns: “Brexit without agreement would lead to significant legal uncertainty”
DSGV welcomes proportionality in Banking Package
Helmut Schleweis, President of the German Savings Banks Association (DSGV), has described today’s endorsement of a large part of the Banking Package by the EU finance ministers as a “positive development for small and medium-sized credit institutions”.
Savings Banks 2018: Strong growth of deposits and loans, Net sales of securities increased by over 27 percent
Germany’s 384 Savings Banks delivered a strong business performance in fiscal year 2018. “The institutions are pleased about the growth they achieved in both deposits and loans”, said Helmut Schleweis, President of the German Savings Banks Association, at today’s financial press conference of the Savings Banks Finance Group in Frankfurt/Main.
Savings Banks achieved an operating result of EUR 10 billion before valuation in 2018
In the past fiscal year, Germany’s 384 Savings Banks generated an operating result of EUR 10 billion before valuation.