Modern office Buildings in Frankfurt, Germany Modern office Buildings in Frankfurt, Germany | © Getty Images/Westend61

Banking Location Germany

There were 1,717 credit institutions active in Germany in 2019, of which 276 were private banks. The banking sector has a workforce of more than 570,000 people. The total assets of the German banking industry amounted to EUR 8,359 billion in 2019.

German Banking Industry Assets 2019
German Banking Industry Assets 2019 | © Deutsche Bundesbank, bankenverband

The banking sector in Germany is made up of three pillars: commercial banks, the public banking sector (Sparkassen and Landesbanken – Germany’s decentralized network of independent regional commercial and savings banks) and cooperative banks (Volks- und Raiffeisenbanken).

This is a special characteristic of the German market, as private banks only cover part of the market. Large sections of the market are served by the network of savings and cooperative banks. Germany’s universal banking system is another unique feature of the German market.

Largest German Commercial Banks by Total Assets 2018 (in EUR billion)

Deutsche Bank AG

Frankfurt/M.

1.348

DZ Bank AG

Frankfurt/M.

518

KfW Kreditanstalt für Wiederaufbau

Frankfurt/M.

485

Commerzbank AG

Frankfurt/M.

462

Unicredit Bank AG

Munich

286

DB Privat- und Firmenkundenbank (ehemals Postbank)

Frankfurt

276

Landesbank Baden-Württemberg

Stuttgart

241

Bayerische Landesbank

Munich

220

ING-Diba AG

Frankfurt/M.

171

Landesbank Hessen-Thüringen Girozentrale

Frankfurt/M.

162

Source: Statista


Largest German Saving Banks by Total Assets 2019 (in EUR billion)

Hamburger Sparkasse

Hamburg

46.6

Sparkasse Köln/Bonn

Cologne

27.3

Kreissparkasse Köln

Cologne

27.0

Stadtsparkasse München

Munich

20.0

Frankfurter Sparkasse

Frankfurt/M.

19.8

Sparkasse Hannover

Hanover

16.6

Mittelbrandenburgische Sparkasse in Potsdam

Potsdam

14.2

Sparkasse Pforzheim Calw

Pforzheim

13.0

Ostsächsische Sparkasse Dresden

Dresden

12.9

Kreissparkasse München Starnberg Ebersberg

Munich

12.7

Source: Deutscher Sparkassen- und Giroverband


Largest German Cooperative Banks by Total Assets 2019 (in EUR billion)

Deutsche Apotheker- und Ärztebank eG

Düsseldorf

49.7

Berliner Volksbank eG

Berlin

14.7

Sparda-Bank Baden-Württemberg eG

Stuttgart

14.1

BBBank eG, Karlsruhe

Karlsruhe

13.1

Sparda-Bank West eG

Düsseldorf

12.7

Frankfurter Volksbank eG

Frankfurt/M.

12.5

Sparda-Bank Südwest eG

Mainz

10.5

Sparda-Bank München eG

Munich

8.9

Bank für Sozialwirtschaft AG

Cologne

8.6

Volksbank Mittelhessen eG

Gießen

8.3

Source: Bundesverband der Deutschen Volksbanken und Raiffeisenbanken


The largest bank location in Germany is Frankfurt; other important bank locations include Munich, Dusseldorf, and Hamburg.

More Information:

Germany as a “Sustainable Finance” Location

www.marketsgermany.com www.marketsgermany.com | © shapecharge/istock.com/GTAI

The State Secretaries’ Committee for Sustainable Development has approved fresh efforts to help make Germany a leading location for “sustainable finance”, which the federal government understands as financial market players taking sustainability into account in their decision-making.

Read the article about Germany as a "Sustainable Finance" Location (Markets Germany 05/19)

go to top

Log in

Please log in on this page with your log-in details.