Press releases

24.10.2024

DSGV calls for reliable framework conditions for investments

At the Annual Meetings of the World Bank Group and the International Monetary Fund, Ulrich Reuter, President of the German Savings Banks Association (DSGV), called for urgent action to improve German and European competitiveness. “We must not content ourselves with a creeping downward trend. Germany and Europe must make it back to the top,” said Reuter in Washington.

24.10.2024

Karolin Schriever advocates pragmatic approaches in Europe

Karolin Schriever, Executive Member of the Board of the German Savings Banks Association (DSGV), called for a realignment of financial market regulation in Europe. At the DSGV press meeting held during the Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington D.C., she said: “Since the financial market crisis, European financial markets have implemented a large number of regulatory measures to make the system safer. In many fields, however, regulatory requirements have overshot the mark. What we need now is not more regulation, but a wiser, pragmatic approach.”

22.10.2024

2024 Wealth Barometer: Financial confidence is growing – however, concerns about pensions remain

Despite the geopolitical and economic challenges, more people in Germany once again see their own financial situation as positive. This is demonstrated by the new “2024 Wealth Barometer” published by the German Savings Banks Association (DSGV). According to this survey, 38 percent of the respondents rated their current financial situation as “good” or “very good” – four percentage points more than in the previous year.

18.04.2024

ECON recognizes the Importance of Deeper Discourse on Stability in the Banking Market

The decision of the Committee on Economic and Monetary Affairs (ECON) not to mandate negotiations between the European Parliament, Commission, and Council (Trilogue) regarding a European Deposit Insurance Scheme (EDIS) is appropriate. "Granting a mandate would not have brought improvements for the citizens of the EU; instead, it would have significantly impacted the functioning, preventive security systems of financial institutions", says Marija Kolak, President of the National Association of German Cooperative Banks.

11.04.2024

Savings Banks and cooperative banks: Decentralized Security Systems Must Not Be Restricted in Their Functionality

The ECON Committee intends, to communalize national deposit insurance systems and to forcibly include national institution protection systems. Savings Banks as well as cooperative banks in Germany call on the committee to leave the national inst itution protection systemsuntouched.