According to the Deutsche Bundesbank, private households in Germany had, at the end of 2023, financial assets worth over seven billion euro. The majority of this money (41.5 percent) is sitting in checking and call accounts, savings accounts or even hidden under mattresses. Only 12.5 percent of...
The Deposit Protection Fund of the Association of German Banks protects customers' deposits with private banks in Germany.
The ombudsman's office of private banks helps if you as a customer have a problem with your bank.
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