S&P downgrades Commerzbank’s credit rating

Deutsche Bank and Commerzbank The rating agency warns of a significant deterioration in results. (Photo: dpa) Frankfurt The rating agency Standard & Poor’s (S&P) has given it a thumbs-up because …

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Thousands of consumers apply for credit deferrals

ATMs The savings banks alone have applied for more than 80,000 customers to defer their payments. (Photo: dpa) Frankfurt Thousands of consumers have applied for credit to be deferred in …

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Customers remain loyal – almost no cash outflows in March

Frankfurt While investors in Europe fled from investment funds with the outbreak of the corona crisis, Dekabank’s business has remained almost stable. Georg Stocker, the new chief executive of the …

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Overseers postpone stress test for smaller banks by one year

Frankfurt am Main financial district Frankfurt The Bundesbank and the financial regulator Bafin postpone their planned stress test of smaller financial houses by one year due to the virus crisis. …

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Banks cannot “throw commercial care overboard”

Loan agreement The German banking industry is critical of demands for a relaxed check of loan applications due to the corona crisis. (Photo: dpa) Frankfurt / Berlin The German banking …

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