“Europe needs strong banks to finance the vast investments required in digitalisation, energy, defence and the industrial transformation. The competitiveness of today’s banks must not become a casualty of political compromise,” Herkenhoff said. 

Be careful when searching for call and fixed term deposits with good conditions. Scammers commonly advertise seemingly excellent interest rates on websites that look very convincing. This article explains how to recognise fraudulent offers and protect yourself from scams.

We answer all your questions about a Pfandungsschutzkonto (non-garnishment account).