On current developments and the situation of the banking landscape in Germany. Current movement in Germany’s banking sector as years is no longer so much. Several institutions are available for sale and first banks were already sold. Therefore, it is interesting to take a look at the banking landscape in Germany. In international comparison, minimal grows the German market for banking products and is one of the world’s most competitive markets.
The competitive pressure is enormous. This leads to falling margins, about when it comes to an ordinary instant credit. So, experts assume that a bank in this country earned just over 100 euros to a customer, while it is a multiple of this amount in other countries. This fierce competition is evident even on the cost side. As domestic banks to spend more than 60 cents, to earn a euro with private clients. Abroad, there are often only 40 percent, which must be used. After all, an entire one-third less than in this country.
Only banks with a strong customer focus and outstanding products or strategies have the chance to survive and earn well in this market. It was at the time the Citibank, which was made popular with her Citibank installment loan business with consumer credit. This business field was dazumal still shunned and even morally questionable considered by other banks. Given the current need for impairment caused by along with securitized loans that classification should elicit only a smile most readers, because banks know usually hardly morality when it comes to the own profit. It remains so further interesting to see, how to develop the German banking landscape and consolidate. So far this had only advantages for the consumer. Daniel Franke