Sparkassen Clings to Dense Branch Network

The German savings banks want to maintain their dense network of currently more than 10,000 branches, if possible even expand it. However, the aim is also for customers to do simple services online.

Nuremberg - disseminating confidence and creating trust: With this goal, the 28th German Savings Bank Day is taking place - for the first time in Nuremberg and booked out for the first time. Sparkassen President Ulrich Reuter also likes to speak of a Franco meeting.

Especially older people are dependent on a local bank. Sparkasse and Volksbank are now working together in the Altmark. Cooperation is unique in East Germany.

The German savings banks want to maintain their dense network of currently more than 10,000 branches, if possible even expand it. This is what the President of the German Savings Banks and Giro Association, Ulrich Reuter, said before the start of the German Savings Banks Day, which starts in Nuremberg on Wednesday. "We have the densest branch network of all banks and all associations," said Reuter. Whether the network remains close to each other…