Reform will enhance financial strength of the Deposit Protection Fund

29 September 2017
On 1 October 2017 the reform of the Deposit Protection Fund will take effect. “The reform will above all enhance the financial strength of the Deposit Protection Fund. [ Read Article ]

Berlin Group launches Public Market Consultation on NextGenPSD2 Standard

27 September 2017
On 2 October 2017, The Berlin Group will launch a 6-weeks public market consultation on its NextGenPSD2 Access to Accounts (XS2A) Standard that enables Third Party Providers (TPPs) to access bank accounts under the revised Payment Services Directive (PSD2). [ Read Article ]

ECB is treading water

7 September 2017
Faced with the necessary decision to wind down their bond-buying programme next year, the guardians of the euro have today taken another step sideways,” said Michael Kemmer, General Manager of the Association of German Banks. [ Read Article ]

Banking president: regulation with a sense of proportion for a strong financial marketplace

7 September 2017
“The era of nationalism in financial regulation must be over – despite President Trump and Brexit”, stressed Hans-Walter Peters, president of the Association of German Banks with today’s “Banking in transition” conference in Frankfurt in mind. [ Read Article ]

The German Banking Industry Committee on the Survey by the Bundesbank and BaFin of the Financial Performance and Resilience of German Credit Institutions in the 2017 Low Interest Rate Environment

30 August 2017
The reports published by the Deutsche Bundesbank and the German Federal Financial Supervisory Authority (BaFin) on August 30, 2017 on the 'Multi-institutional request for information concerning the financial performance and resilience of German credit institutions in the 2017 low interest ... [ Read Article ]

Michael Kemmer on ECB: introduce threshold, curb side effects of negative interest rates

20 July 2017
“I would have liked the European Central Bank (ECB) to take another baby step today, at least a verbal one, towards exiting its extremely expansive monetary policy,” said a disappointed Michael Kemmer, general manager of the Association of German Banks. [ Read Article ]

Position of the German Banking Industry Committee on the EU interim report on sustainable finance: Incentives for investment are appropriate; unnecessary regulation should be avoided

20 July 2017
At the end of last year, the European Commission established a high-level expert group to give advice on the Commission's sustainable finance initiative. [ Read Article ]

Kemmer: Avoid inconsistencies in the action plan on NPLs

11 July 2017
Michael Kemmer, General Manager of the Association of German Banks, on today’s meeting of EU finance ministers (ECOFIN) on non-performing loans: [ Read Article ]

Banking association president on G20: tackle financial regulation jointly at international level

7 July 2017
Hans-Walter Peters, president of the Association of German Banks: the stability of the global financial system can only be ensured by internationally coordinated regulation. [ Read Article ]

Fed’s cautious normalisation sends the right signal

14 June 2017
“The interest rate decision taken by the American central bank sends the right signal. It shows the Fed thinks the US economy continues to be in good shape,” says Michael Kemmer, General Manager of the Association of German Banks. [ Read Article ]

ECB should take a more decisive step away from negative interest rates

8 June 2017
“The European Central Bank (ECB) is starting to take baby steps towards an exit from its extremely expansive monetary policy,” said Michael Kemmer, General Manager of the Association of German Banks. [ Read Article ]

Association of German Banks welcomes progress on capital markets union

8 June 2017
The report published today on the implementation of capital markets union shows we’re on the right track, even if our goal remains some way off,” says Michael Kemmer, General Manager of the Association of German Banks. [ Read Article ]

Companies under attack from cybercriminals

6 June 2017
The email from the “boss” to the employee in the book-keeping department is headed “strictly confidential”. Referring to an upcoming takeover, it instructs them to transfer a five-figure amount to a given bank account. [ Read Article ]

Make European monetary union wind and weatherproof

31 May 2017
“European monetary union needs more stability. The sovereign debt crisis, in particular, showed us just how fragile the eurozone is.”, said Michael Kemmer, General Manager of the Association of German Banks, in reference to today’s publication by the European Commission ... [ Read Article ]

Hans-Walter Peters: strong Europe needs competitive banks

6 April 2017
“In a world in upheaval, Europe should focus on its strengths – both economically and politically. Only by sticking together can it negotiate these troubled times – despite and precisely because of Brexit and, above all, with the US and ... [ Read Article ]

Reform of the voluntary Deposit Protection Fund now approved

5 April 2017
The Delegates’ Assembly of the Association of German Banks has today approved the proposal by the Board of Directors to reform the voluntary Deposit Protection Fund. The objective of the reform is to strengthen the protection the fund affords to ... [ Read Article ]

Banking association president expects hard Brexit

29 March 2017
Today’s notification by the United Kingdom of its intention to leave the EU has brought Brexit a step closer, now comes the phase of intense negotiations,” says Hans-Walter Peters, President of the Association of German Banks and Spokesman of the ... [ Read Article ]

Krautscheid: EU’s action plan ignores the most important issues in the digital single market

23 March 2017
The German private banks are highly critical of the European Commission’s “Consumer Financial Services Action Plan” unveiled in Brussels today. “The 12 points set out in the plan are disappointing,” said Andreas Krautscheid, Member of the Senior Management Board of ... [ Read Article ]

Banking association president on G20: regulate financial markets in a globally consistent manner

17 March 2017
With their regulation of the financial markets since the 2009 Pittsburgh summit, the members of the G20 have set standards, learnt the right lessons from the financial crisis, stabilised the markets and made the entire industry more resilient,” said Hans-Walter ... [ Read Article ]

Michael Kemmer: Fed further normalising monetary policy

16 March 2017
“Given that the inflation rate is picking up a little, there would have been no reason not to take another step towards normalising monetary policy,” said Michael Kemmer, general manager of the Association of German Banks. [ Read Article ]

Association of German Banks plans to reform the voluntary Deposit Protection Fund

17 February 2017
The Association of German Banks is working on a reform of its voluntary deposit protection. The objective is to focus primarily on protecting retail customers. “We had to tackle the issue. The environment surrounding voluntary deposit protection has changed radically ... [ Read Article ]

Promote digital payments throughout Europe

15 February 2017
“The private banks want a European digital single market for financial services and will help to actively promote it,” stresses Michael Mandel, Chairman of the association’s Retail and Wholesale Banking Committee and Member of Commerzbank’s Board of Managing Directors with ... [ Read Article ]

Impact of Brexit on German banks will be limited

26 January 2017
“The customers of our banks will not be affected by Brexit,” Michael Kemmer, General Manager of the Association of German Banks, said in Frankfurt today. Though the association regretted the announcement of a hard Brexit by British Prime Minister Theresa ... [ Read Article ]

Association of German Banks: further strengthen the international approach of the G20 – no retreat into protectionism

25 January 2017
“The G20 has proved its worth in the almost 20 years of its existence and cooperation between the world’s 20 leading economies should be strengthened further in today’s more difficult, uncertain times,” says Michael Kemmer, General Manager of the Association ... [ Read Article ]

Cookie usage