Press releases - Association of German Banks

Ossig: “Negative interest rates hit banks and customers alike”

13 January 2020

“We welcome the ECB’s plan to review its monetary policy strategy this year,” said Chief Executive Christian Ossig at the association’s New Year press conference. [ Read Article ]

IMF/World Bank Annual Meetings: banking association president Peters sees no global recession

19 October 2019

The private banks are expecting global growth to slow down to around 3% in 2019. “That would be a good half a percentage point less than the average over the past five years and a marked slackening-off,” said Hans-Walter Peters ... [ Read Article ]

Banks call for open markets in Europe

3 September 2019

Against the backdrop of the new European Commission, the private banks underline that a Europe-wide home market is more important to them than ever. [ Read Article ]

german-banking-industry-committee-supports-transitional-period-strong-customer-authentication-online-card-payments

21 August 2019

GBIC stated against the backdrop of today’s announcement by the BaFin of transitional arrangements for the authentication of online card payments that banks have almost completed their preparations for the implementation of strong customer authentication through the use of ... [ Read Article ]

Italian-German Dialogue on Financial Services: a 10-point agenda from FeBAF and DK

23 May 2019

The 10-point agenda was discussed today during the 4th round of the Italian-German Dialogue on Financial Services between the Italian Banking Insurance and Finance Federation (FeBAF, to whom 13 financial associations in Italy adhere) and the DK ( The German Banking ... [ Read Article ]

German Banking Industry Committee: EU banking package major contribution to stabilising European financial sector

16 April 2019

The European Parliament today adopted the so-called ‘banking package’ broadly amending cornerstones of banking regulation. [ Read Article ]

Further relief needed for small and medium-sized banks in Europe

4 April 2019

The European banking associations of Austria, Croatia, Denmark, Germany, Italy, Luxembourg, Poland, Slovakia and Slovenia find that for small and medium-sized banks, in particular, the high degree of financial regulation is extremely onerous and disproportionately costly. [ Read Article ]

Study shows negative impact of Basel IV

3 April 2019

A current study by the Association of German Banks shows that European banks are more heavily burdened by the Basel IV reform package than hitherto assumed. [ Read Article ]

GBIC: MiFID II is driving customers away from the capital markets

14 March 2019

The German Banking Industry Committee (GBIC) has studied the impact of the European Markets in Financial Instruments Directive (MiFID II). [ Read Article ]

Krautscheid: Strengthen Europe’s constructive forces

27 February 2019

Around three months before the European elections, the private banks reiterate that more, not less, Europe is what’s needed. “We have at the moment a lot of construction sites in and around Europe. This makes it all the more ... [ Read Article ]

The Association of German Banks welcomes progress on the risk reduction package

4 December 2018

Today in Brussels, EU finance ministers have reached agreement on major elements of the risk reduction package. Christian Ossig, Chief Executive of the Association of German Banks, welcomed the fact that negotiations had progressed more quickly than expected. [ Read Article ]

Krautscheid: We need more EU single market, not less

21 November 2018

The German private banks believe the European Union should push ahead more decisively with the single market for financial services after the elections in May 2019. “We need more and a better Europe, not a relapse into walled-off national markets ... [ Read Article ]

Italy shouldn’t jeopardise the credibility of the euro

5 November 2018

Hans-Walter Peters, president of the Association of German Banks, calls for a quick and firm change of course by the ECB. [ Read Article ]

Go-ahead for HSH Nordbank’s transition to Deposit Protection Fund

5 November 2018

“The solution that has now been found can serve as a blueprint for switches in future from other protection schemes to the Deposit Protection Fund”, said Hans-Walter Peters, the Association of German Banks’ president. [ Read Article ]

Autumn forecast: despite mounting risks economy will remain stable

4 October 2018

The world economy was likely to remain on track in the coming year. This is the main message of the latest economic forecast of the Association of German Banks. [ Read Article ]

Call by French and German banks: more than ever, Europe is the solution

22 June 2018

In the run-up to the meeting of European heads of state and government, the French and German banking associations have expressed their willingness to contribute to and shape the future development of the European Union. [ Read Article ]

Krautscheid: Artificial Intelligence will change the face of banking as well

13 June 2018

Artificial Intelligence (AI) is regarded as one of most promising technologies in the ongoing digital Transformation. [ Read Article ]

Association of German Banks concerned about nexus between states and banks

24 May 2018

The European Commission has today unveiled a proposal paving the way for the securitisation of government bonds. [ Read Article ]

Designing the right framework for sustainable finance

24 May 2018

As part of its Action Plan on Sustainable Finance, the European Commission has today issued the first concrete legislative proposals. [ Read Article ]

Association of German Banks presents position paper on use of customer data

23 May 2018

Digitisation generates a wealth of data that both banks and fintechs aim to use for the benefit of their customers. The Association of German Banks presented a paper on this today. [ Read Article ]

Banking association sees Brexit timetable in danger

19 March 2018

“Just over twelve months before the United Kingdom’s withdrawal from the European Union, too many questions are still open,” said Andreas Krautscheid, the association’s chief executive, today in Frankfurt. [ Read Article ]

Italian-German Dialogue on Financial Services to intensify

9 March 2018

The two financial communities met in Rome today for the second round of the initiative of FeBAF and GBIC. Positive outlooks for the future, ready for the next challenges the sector is expected to play. A balanced European financial regulation ... [ Read Article ]

Banks and fintechs welcome European Commission’s Fintech Action Plan

8 March 2018

“With the action plan it unveiled today, the European Commission has acknowledged the importance of digitisation for the financial markets,” said Andreas Krautscheid, chief executive of the Association of German Banks. It was right to opt mainly for recommendations and ... [ Read Article ]

Banks welcome EU Action Plan on Sustainable Finance