savings banks

Following the upcoming local elections in eastern Germany, many AfD politicians will join supervisory boards at savings banks.

Savings banks are faced with the accusation that they are failing to fulfil their public mandate by offering low interest rates on savings. Wrongfully so!

Due to many individuals falling victim to criminals in payment transactions, ombudspersons at banks and savings banks have a lot on their plate. Frequently, they are unable to assist the customers.

Savings banks subject to public law are finding it difficult to position themselves with regard to the growing right-wing spectrum.