Press releases

12.10.2023

Permanently negative real interest rate calls for investments in securities

Germany’s Savings Banks do not expect additional interest rate hikes by the ECB in the foreseeable future. “In our view, however, capital market interest rates will remain below inflation rates for a long time. This is tantamount to negative real interest rates. Purchasing power can best be maintained by widely diversified investments in securities,” said Helmut Schleweis, the President of the German Savings Banks Association (DSGV) at the DSGV’s press conference on the occasion of the Annual Meetings of the International Monetary Fund and the World Bank in Marrakech (Morocco).

12.10.2023

Savings Banks Finance Group calls for determined modernisation in Germany

Against the background of significant changes in the international economic environment, Helmut Schleweis, President of the German Savings Banks Association (DSGV), called for determined modernisation in Germany. Because of its great dependence on exports, but also because of specific structural weaknesses, Germany was trailing behind the world’s leading industrialised nations in terms of economic development. This would need to change, and change was possible, said Schleweis at the DSGV’s press conference on the occasion of the Annual Meetings held by the International Monetary Fund (IMF) and the World Bank in Marrakech (Morocco).

12.10.2023

Schriever calls for carbon pricing

The Savings Banks Finance Group supports efforts towards sustainable business practice and consistent climate change management, but also calls for more market and more global standards in the implementation. “Detailed political regulation imposed on market players restricts entrepreneurial creativity, which would lead to faster and better solutions,” said Karolin Schriever, executive member of the Executive Board of the German Savings Banks Association (DSGV), at the DSGV’s press conference on the occasion of the Annual Meetings of the International Monetary Fund and the World Bank in Marrakech (Morocco).

12.09.2023

DSGV President Schleweis: Germany is better than its reputation

Germany still has sound prospects of overcoming the current period of economic weakness. To this end, however, robust changes must be quickly implemented. Germany still has the economic substance for a bright future, but it also has some weaknesses which need to be urgently addressed, said DSGV President Helmut Schleweis today in Berlin, where he presented the S-Mittelstands-Fitnessindex (Savings Banks Fitness Index for SMEs).

31.07.2023

DSGV President Schleweis: “Latest interest rate hike demonstrates the ECB’s determination

“The ECB has remained true to its announcements and has once again demonstrated determination with today’s interest rate hike,” commented Helmut Schleweis, President of the German Savings Banks Association (DSGV) the central bank’s decision.