German Banking Industry Committee presents policy paper on “digital euro”

5 July 2021
In a policy paper, the German Banking Industry Committee (GBIC) for the first time sets out detailed thoughts on the design of a “digital euro”. In this paper, experts from Germany’s five national banking associations draw up an ecosystem of … [ Read Article ]

Top Business Associations Establish Transatlantic Business Initiative (TBI)

16 June 2021
Through the TBI, German business seeks to inject new momentum into transatlantic relations, building on  trade and economic policy support from Berlin and Brussels. [ Read Article ]

Christian Sewing elected new President of the Association of German Banks

21 April 2021
The Board of Directors of the Association of German Banks on monday voted to appoint Christian Sewing as its new President. [ Read Article ]

Greensill Bank AG – payout event determined by BaFin

16 March 2021
The German Federal Financial Supervisory Authority (BaFin) determined on 16 March 2021 that a payout event pursuant to Section 10(1) of the German Deposit Guarantee Act (EinSiG) had occurred at Greensill Bank AG since the bank is unable to repay … [ Read Article ]

Greensill Bank AG closed

3 March 2021
On March, 3 2021, the Federal Financial Supervisory Authority (BaFin) imposed a moratorium on Greensill Bank AG in accordance with Section 46 of the German Banking Act (Kreditwesengesetz – KWG), thus ordering that the bank be closed for business with … [ Read Article ]

Covid-19: the Italian Banking Association and the German Banking Industry Committee propose more flexible rules

16 February 2021
Shaping the Banking Union, refocussing on a fair regulatory approach towards the implementation of Basel III in the EU and adapting the treatment of non-performing loans (NPLs) in light of the current economic scenario, : these are the requests the … [ Read Article ]

German Banking Industry Committee urges “prudent” discussion when revising the EU rules on crisis management for banks

29 January 2021
On 26 January 2021, the EU Commission launched the announced consultation on the revision of the crisis management and deposit insurance framework. [ Read Article ]

Association of German Banks has reservations about EU action plan to reduce non-performing loans

16 December 2020
The European Commission today unveiled its action plan to reduce non-performing loans (NPLs). Christian Ossig, Chief Executive of the Association of German Banks, commented as follows: “The European Commission is right to launch an initiative to counter a possible sharp … [ Read Article ]

Association of German Banks welcomes plans for capital markets union

24 September 2020
The European Commission has today unveiled its action plan for creating capital markets union. The aim of the plan is to strengthen and expand European capital markets. “An efficient, single capital market is more urgently needed than ever,” said Christian … [ Read Article ]

Sustainable finance: banks play a key role in the fight against climate change

21 September 2020
In the association’s latest position paper, Germany’s private banks argue for more sustainability in the economy and, in particular, for more climate protection. [ Read Article ]

Martin Zielke hands over the office of President of the Association of German Banks to Hans-Walter Peters

12 August 2020
Against the backdrop of his resignation as Chairman of the Board of Managing Directors of Commerzbank AG, Martin Zielke is also stepping down as President of the Association of German Banks. [ Read Article ]

Use German EU Council Presidency to give Europe a fresh start

15 July 2020
The German private banks believe Germany should use its Presidency of the EU Council to give Europe a fresh start. [ Read Article ]

‘Cliff edge’ Brexit is irresponsible in the corona era: BdB calls for progress and clarity in the negotiations in a new position paper

19 June 2020
The Association of German Banks’ new position paper sets out its calls for future cooperation between the EU and the United Kingdom in the financial sector. [ Read Article ]

Ensure digital sovereignty: Association of German Banks calls for the introduction of a programmable euro

17 June 2020
In its third position paper the association underlines the rapidly growing demand for a programmable euro and recommends that Europe launch initiatives of its own. [ Read Article ]

Banking association President Zielke: Banks are needed to help solve the major crisis

23 April 2020
The newly elected President of the Association of German Banks, Martin Zielke, has praised the swift and decisive action of German policymakers in the coronavirus crisis. [ Read Article ]

Martin Zielke new banking association President

22 April 2020
Handover of office at the Association of German Banks: Martin Zielke, Chairman of the Board of Managing Directors of Commerzbank AG, was elected new President at today’s meeting of the association’s Board of Directors. [ Read Article ]

Peters takes a positive view of the package of measures adopted by European banking supervisors

12 March 2020
Association of German Banks President Hans-Walter Peters has described as positive above all the package of measures adopted today by European banking authorities in the fight against the coronavirus crisis. [ Read Article ]

President of the Association of German Banks calls for further measures to stabilise the economy

12 March 2020
In the face of the widening coronavirus crisis, Association of German Banks President Hans-Walter Peters has argued for concrete measures to stabilise the economy: “The private banks want to stand by their customers in the corona crisis and remain a … [ Read Article ]

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 the … [ 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 … [ 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 ]

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