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Introducing our brand-new website, with a new structure and new design

The Board of Directors of the Association of German Banks on monday voted to appoint Christian Sewing as its new President.

Christian Sewing elected President of the Association of German Banks

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 the deposits it holds due to its financial difficulties.

Greensill Bank AG – payout event determined by BaFin

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 customers.

Oliver Santen

Artikel von Oliver Santen

Introducing our brand-new website, with a new structure and new design

Christian Sewing elected President of the Association of German Banks

Greensill Bank AG – payout event determined by BaFin

Greensill Bank AG closed