Press releases

25.04.2023

DSGV President Schleweis: EU Commission must not jeopardise proven deposit protection schemes through the back door

The EU Commission’s latest plans for harmonising bank resolution jeopardise the established and well-functioning institutional guarantee schemes put in place by Savings Banks and cooperative banks. Helmut Schleweis, President of the German Savings Banks Association, made this clear in his reaction to the proposals presented by the Commission today on the CMDI review: “Savers want their money to be safe and well protected.

14.03.2023

Deposits with Savings Banks up slightly in 2022

Total deposits with savings banks grew slightly last year by 2.7 per cent to 1,154 billion euros. “On average, Savings Banks customers came through the crisis well. We are seeing no crisis-driven increase either in the use of retail loans or of overdrafts,” said Helmut Schleweis, President of the German Savings Bank Association (DSGV), at the Financial Press Conference of the Savings Banks Finance Group in Frankfurt/Main today.

14.03.2023

Improved operating results for Savings Banks

Savings banks held up successfully in last year’s demanding market environment. “Our business model has demonstrated its resilience in crisis. The operating results are gradually recovering,” observed Helmut Schleweis, President of the German Savings Bank Association (DSGV), at the Financial Press Conference of the Savings Banks Finance Group in Frankfurt/Main today.

14.03.2023

Karolin Schriever: Exclusively fee-based advisory serviceswould deprive retail investors from access to advisory services

The German Savings Banks Association (DSGV) opposes compulsory fee-based advisory services. This would deprive retail investors of access to effective advice, said Karolin Schriever, member of the DSGV’s Executive Board, during the association’s financial press conference in Frankfurt.

14.03.2023

Significant growth in number of Savings Banks’ current accounts

Savings Banks in Germany consolidated their market leadership in the year 2022. Owing to net growth of roughly 650,000 retail and 36,000 business current accounts, member institutions managed over 40 million current accounts. In the field of payments, Savings Banks have also set new standards.