The Bundesverband deutscher Banken (Association of German Banks), the voice of the
private commercial banks in Germany, was founded in Cologne in 1951.
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The association informs its members about current political and economic developments
affecting the banking sector. In view of the increasing number of European directives,
national laws and amendments to laws, as well as regulations, this task is steadily growing in importance.
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“We very much welcome the ECB’s decision to press ahead with its plans for a digital euro,” said Andreas Krautscheid, Chief Executive of the Association of German Banks.
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The planned memorandum of understanding must be finalised and published. Further delay would be grossly negligent,” said Andreas Krautscheid, Chief Executive of the Association of German Banks.
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“The international community looks to the US with concern. Unfortunately, the elections have yet to produce a clear result. We sincerely hope that we will soon have clarity and that the new administration will quickly be able to start work …
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Facebook today issued a new position paper announcing changes to its digital currency, Libra coin. Andreas Krautscheid, Chief Executive of the Association of German Banks, comments as follows.
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"For sustainable investments, we need appropriate framework conditions and not even more bureaucracy", said Christian Ossig to the investment programme for a sustainable Europe.
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The new European Commission faces the testing challenge of holding Europe together and moving it forward in an environment that hasn’t become any easier over the past few months due to looming trade wars and Brexit,” said Andreas Krautscheid.
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“The current package of ECB measures is based on false expectations,” said Hans-Walter Peters, the Association of German Banks’ president.
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“The high election turnout is pleasing – now we need a clear course quickly,” said Hans-Walter Peters, the Association of German Banks’ president, commenting on the outcome of the European elections.
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Once again, the ECB has failed to begin its withdrawal from negative interest rates. That’s disappointing. Measures should have been put in place long ago to ease the burden on European banks – like those taken from the outset by …
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“The vote is a serious warning shot for all concerned,” Andreas Krautscheid, Chief Executive of the Association of German Banks, said of yesterday’s Brexit decision.
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“100 days before the United Kingdom leaves the EU, a hard Brexit is more likely than ever", comments Andreas Krautscheid, the Association of German Banks’ chief executive, on the ongoing preparations in the banking sector.
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“The ECB’s decision to end its net asset purchases at the end of the year was overdue,” said Hans-Walter Peters, president of the Association of German Banks, commenting on the decision today by the European Central Bank.
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“We are relieved that the Brexit agreement has finally been approved by the Member States," said Chief Executive Andreas Krautscheid on the occasion of the EU Special Summit.
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“Equivalence regimes for financial services are quite rightly no substitute for today’s EU passporting,” Chief Executive Andreas Krautscheid said today.
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“The moment of truth has come sooner than many people expected. The response of the British House of Commons will essentially set the course for the coming months,” said Andreas Krautscheid, Chief Executive of the Association of German Banks.
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“Juncker’s address points in the right direction and has the full support of Germany’s private banks", so Chief Executive Andreas Krautscheid.
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“The cohesion of the eurozone is not something that can be forced but can only be achieved through persuasion”, said Christian Ossig, Chief Executive of the Association of German Banks, ahead of today’s Banken-Dialog (Banks in Dialogue) on “Quo Vadis …
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“In the EU, it is not normally possible to collect and use customer data in a standardised way either across borders or digitally. If we are serious about creating a digital and consumer-friendly Europe which also fosters innovation, urgent action …
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“As important as it is to have an initiative at European level to tax the digital economy in order to eliminate shortcomings in the taxation of US internet firms, the Commission’s proposal for a tax on digital services is not …
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"The report now published by the Expert Group sends out a strong signal. Sustainability is no longer a side issue", said Christian Ossig, Chief Executive of the Association of German Banks, on the report of the European Commission’s High-Level Expert …
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