Dr. Karl-Peter Schackmann-Fallis, Managing Director of the DSGV, describes the draft report on the so-called banking package as a missed opportunity. The draft report has been presented today by MEP Jonás Fernández, S&D, who is the rapporteur on the subject in the European Parliament.
Schackmann-Fallis: EU implementation of Basel IV must take European economic structures into account
Savings banks fear growing social division
As a result of the sharp increase in prices, the German savings banks expect narrower financial leeway of German households.
Sparkasse application can also be used in Ukrainian now
One of Germany's most successful financial applications, the Sparkasse application, is now available to users in Ukrainian. Sparkasse is thus trying to meet the great interest of Ukrainian refugees in modern financial services in Germany.
Schleweis: Financing energy independence has priority Intake of refugees is a litmus test for Germany
In the view of the Savings Banks Finance Group, the experience of war in Ukraine must be seen as a wake-up call for Europe to free itself from one-sided energy, raw material and digital dependencies and to achieve greater European sovereignty.
Significantly more loans and a strong securities trading business
Growth in their lending and securities trading business, significantly improved net commissions income and an increase by EUR 366 million in net income after taxes: in fiscal year 2021, the German Savings Banks put in a respectable performance in a challenging environment.