德國銀行業(yè)市場前景及投資研究報告-培訓(xùn)課件外文版2024.5德意志銀行

INDUSTRIES

&

MARKETSBankingindustryinGermanyCHAPTER

01OverviewNumberofbanksinGermanyfromfrom1957to2022NumberofbanksinGermany1957-202216,00014,00012,00010,0008,0006,0004,0002,00001957

1967

1977

1987

1990

1997

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

20224Description:ThenumberofbanksinGermanydecreasedsteadilybetween1958and2022.As2022,therewere1,458creditinstitutionsinthecountry,561lessthaninthepreviousyear.Despiteseeinganotabledownwardtrendinthetotalnumberofcreditinstitutions,GermanyhadfarmorecreditinstitutionsthananyothercountryinEuropein2022.ReadmoreNote(s):Germany;1957to2022Source(s):DeutscheBundesbankNumberofbanksinGermanyin2022,bytypeNumberofbanksinGermany2022,bytypeNumberofbanks0100200300400500600700800CooperativebanksSavingsbanks722362RegionalandsecuritiestradingbanksandothercreditbanksBranchesofforeignbanks141102ApartmentfacilitieswithsavingsfacilitiesBankswithspecialfunctionsGuranteebanksandotherbanksOthercreditinstitutionswithBVRPrivatebuildingsocieties47191513108RealestatecreditinstitutionsPublicbuildingsocieties8Statebanks6Largebanks3Cooperativecentralbanks1Securitiescollectionbanks15Description:In2022,Germany'sbankingsectorexhibitedadiversearrayoffinancialinstitutions.Therewere722cooperativebanksinthecountry,highlightingthepivotalroleofthesebanksintheeconomy.Thelargestcooperativebankin2022wasDeutscheApotheker-und?rztebankeG,whichreportedtotalassetsworthmorethan54billioneurosattheendof2022.With362institutions,thesecondlargestsegmentofthebankingindustrycomprisedsavingsbanks.ReadmoreNote(s):Germany;2022Source(s):DeutscheBundesbankTotalassetsofthebankingindustryinGermanyfrom2000to2022(inbillioneuros)TotalassetsofthebankingindustryinGermany2000-202212,00010,0008,0006,0004,0002,00002000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

20226Description:TheGermanbankingindustryreported10.58trillioneurosintotalassetsin2022,upover800millioneurosfromthepreviousyear.Thevalueoftotalassetsin2022wasthehighestvaluereportedduringthewholeperiod,abovethepreviouslyhighestvalues,whichweretheyearsbetweentheFinancialCrisisandthepeakoftheSovereignDebtCrisis.ThehighvaluesduringthisperiodsuggestingthatGermanbankswereviewedasrelativelysafeduringthisperiod.

ReadmoreNote(s):Germany;2000to2022;EndofyearvaluesSource(s):DeutscheBundesbankTotalassetsofthebankingsectoraspercentageofgrossdomesticproduct(GDP)inGermanyfrom2008to2022BankingsectortotalassetsaspercentageofGDPinGermany2008-2022400%353.6%350%317.6%293.2%300%250%200%150%281.3%264.4%229.7%

230.6%219.7%2015210%2016195.7%2017191.7%2020187.8%2018181.5%2021174%2019173.59%202220082009201020112012201320147Description:Thetotalconsolidatedassetsofdomesticbankinggroupsaspercentageofnominalgrossdomesticproduct(GDP)inGermanydroppedoverallbetween2008and2022,despiteaslightincreaseagainin2020whentheshareincreasedupto191.7percent.ThehighestbankingassetsasshareofGDPinGermanyduringtheobservedperiodwasin2008,at353.6percent.Thelowestsharewasadecadelater,in2011,whenthesharewasdownto174percent.In2022,sharewas173.59percent.

ReadmoreNote(s):Europe,Germany;2008to2022;End-of-yearvaluesSource(s):ECBCompositionofbankingassetsinGermanyasofJune2023,bytypeofassetAssetdistributionofthebankingindustryinGermanyQ22023,bytypeofassetShareoftotalassets30%0%10%20%40%50%60%70%LoansandadvancesCashbalancesDebtsecuritiesDerivatives57.9%16.5%11.7%11.3%EquityinstrumentsOtherassets0.5%2.1%8Description:AsofJune2023,theproportionoftotalbankingassetsinGermanythatwasattributedtoloansandadvancesstoodat57.9percent,renderingitthelargestcomponentofthetotalassetsintheindustry.Cashbalancesfollowed,accountingfor16.5percentofthetotalassets.Debtsecuritiesaccountedfor11.7percentofthetotalassets.ReadmoreNote(s):Germany;June2023Source(s):EBALargestsavingsbanksinGermanyin2022,bytotalassets(inbillioneuros)LargestsavingsbanksinGermany2022,bytotalassetsTotalassetsinbillioneuros010203040506070HamburgerSparkasseKreissparkasseK?ln57.5430.1228.22SparkasseK?lnBonnStadtsparkasseMünchenFrankfurterSparkasse23.3822.4520.05SparkasseHannoverSparkassePforzheimCalwMittelbrandenburgischeSparkasseinPotsdamOsts?chsischeSparkasseDresdenStadtsparkasseDüsseldorfNassauischeSparkasse17.0216.7416.1216.0515.57DieSparkasseBremenAGSparkasseAachen15.1414.619Description:In2022,thelargestsavingsbankinGermanyintermsoftotalassetswasHamburgerSparkasse,with57.54billioneuros.ItwasfollowedbyKreissparkasseK?lnandSparkasseK?lnBonn,withtotalassetsworthroughly30.12and28.22billioneuros,respectively.OtherprominentinstitutionsincludedStadtsparkasseMünchenandFrankfurterSparkasse,withassetsexceeding22billioneuros.ThesefinancialinstitutionsplayedasignificantroleintheGermanbankinglandscape,providing[...]ReadmoreNote(s):Germany;2022Source(s):DSGVLargestcooperativebanksinGermanyin2022,bytotalassets(inbillioneuros)LargestcooperativebanksinGermany2022,bytotalassetsTotalassetsinbillioneuros0102030405060DeutscheApotheker-und?rztebankeGBerlinerVolksbankeG54.1818.08BBBankeG16.6415.9415.59FrankfurterVolksbankRhein-MaineGSparda-BankBaden-WürttembergeGSparda-BankWesteG12.4111.89VolksbankpureGmeineVolksbankRaiffeisenbankeG,Rosenheim11.59Sparda-BankSüdwesteG11.19VolksbankeG10.99VolksbankMittelhesseneGDortmunderVolksbankeGVerbundVolksbankOWLeG10.7310.3810.2310Description:In2022,Germany'slargestcooperativebanksshowcasedtheirrobustfinancialpositions,withtheDeutscheApotheker-und?rztebankeGleadingthepackwithtotalassetsof54.18billioneuros.BerlinerVolksbankeGfollowedcloselywith18.08billioneurosonitsbalancesheet,whileBBBankeGsecuredasubstantial16.64billioneurosintotalassets.ReadmoreNote(s):Germany;2022Source(s):BVRCHAPTER

02BankingsystemefficiencyandstabilityNetoperatingincomeofthebankingindustryinGermanyfrom2014to2022(inbillioneuros)NetoperatingincomeofthebankingindustryinGermany2014-202214012010080128.84121.41112.46107.4106.7104.9369.663.9364.47604020020142015201620172018201920202021202212Description:ThenetoperatingincomeofthebankingindustryinGermanyreachedanexceptional128.4billioneurosin2022,thehighestincomereportedintheperiodbetween2014and2022.Itwasanincreaseofroughlysevenbillioneuroscomparedtothepreviousyear.Between2014and2022,netoperatingincomeoftheindustrymorethandoubled.ReadmoreNote(s):Germany;2014to2022Source(s):ECBCost-to-incomeratioofthebankingindustryinGermanyfrom4thquarter2014to1stquarter2023Cost-to-incomeratioofthebankingindustryinGermany2014-2023,byquarter95%90%85%80%75%70%65%60%55%50%13Description:Betweenthefourthquarterof2014andthefirstquarterof2023,therewasafluctuatingpatternwithoccasionalpeaksinthecost-to-incomeratiooftheGermanbankingindustry.Theratioreacheditshighestpointat90.6percentinthefirstquarterof2020.Subsequently,therewasagradualdeclineuntilthefirstquarterof2023,whentheratiostoodat56.6percent,indicatingimprovedefficiency.ReadmoreNote(s):Germany;Q42014toQ12023Source(s):ECBNetinterestincomeofthebankingindustryinGermanyfrom2014to2022(inbillioneuros)NetinterestincomeofthebankingindustryinGermany2014-2022807060504074.1562.6362.7963.0161.6259.2434.4533.9332.91302010020142015201620172018201920202021202214Description:ThenetinterestincomeofthebankingindustryintheGermanyshowedgenerallyupwardtrendovertheyearsbetween2014and2022,withsomefluctuations.Startingat32.9billioneurosin2014,itincreasedgraduallyto63billioneurosin2020beforeexperiencingaslightdipin2021.However,itreboundedin2022,reaching74.15billioneuros.ReadmoreNote(s):Germany;2014to2022Source(s):ECBReturnonequity(ROE)ofthebankingindustryinGermanyfrom4thquarter2014to1stquarter2023ROEofthebankingindustryinGermany2014-2023,byquarter5.0%4.5%4.0%3.5%3.0%2.5%2.0%1.5%1.0%0.5%0.0%15Description:Thereturnonequity(ROE)ofthebankingindustryinGermanyshowedafluctuatingpatternovertheyearsbetween2014and2023,rangingfromalowof0.01percentinthefirstquarterof2020toahighof4.33percentinthefourthquarterof2022.Inthefirstquarterof2023,ROEoftheGermanbankingindustrystoodat2.02percent.ReadmoreNote(s):Germany;Q42014toQ12023Source(s):ECBValueofCommonEquityTier1(CET1)capitalofthebankingindustryinGermanyfrom4thquarter2014to1stquarter2023(inbillioneuros)ValueofCET1capitalofthebankingindustryinGermany2014-2023,byquarter55053051049047045043041039037035016Description:CommonEquityTier1(CET1)capitalofthebankingindustryinGermanyincreasedgraduallybeween2014and2023.Inthefirstquarterof2023,itstoodat521.51billioneuros,indicatingapositivetrendincapitalaccumulation.ThelatestdropinCET1capitaltookplaceinthethirdquarterof2022,whenthevalueofCET1capitaldecreasedfromroughly498billioneurosto488.8billioneuros.ReadmoreNote(s):Germany;Q42014toQ12023Source(s):ECBCommonEquityTier1(CET1)ratioofthebankingindustryinGermanyfrom4thquarter2014to1stquarter2023CET1ratioofthebankingindustryinGermany2014-2023,byquarter16.5%16.0%15.5%15.0%14.5%14.0%13.5%17Description:TheCommonEquityTier1(CET1)ratioofthebankingindustryinGermany,akeymeasureofabank'sfinancialstrengthandcapitaladequacy,showedfluctuationsbetween2014and2023,butremainedaboveregulatoryrequirements,demonstratingtheresilienceoftheGermanbankingsector.Startingat14.30percentinthefourthquarterof2014,itexperiencedfluctuations,reachingitspeakat16.08percentinthefirstquarterof2023.ReadmoreNote(s):Germany;Q42014toQ12023Source(s):ECBCHAPTER

03RetailbankingHouseholdgrosssavingsasashareofdisposableincomeinGermanyfrom1stquarter2007to2ndquarter2023HouseholdgrosssavingsrateinGermanyQ12007-Q1202329%27%25%23%21%19%17%15%19Description:Germanhouseholdssavedoverafifthoftheirdisposableincomeinthesecondquarterof2023,whichisahigherratethaninthepreviousmonths.Thesecondquarterof2020wasbyfartheperiodwiththehighestgrosssavingsrateacrosstheperiodconsideredhereat27.85percent.Meanwhile,between2007and2019thesefiguresmostlyfluctuatedbetween17and19percentofthehouseholdincome,whicharestillhighsavingrates.ThehouseholdgrosssavingsrateinIrelandalso[...]

ReadmoreNote(s):Germany;1stquarter2007to2ndquarter2023Source(s):OECDHouseholdnetsavingrateinGermanyfrom2003to2022HouseholdnetsavingrateinGermany2003-202217.5%16.5%15.5%14.5%13.5%12.5%11.5%10.5%9.5%8.5%2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019e

2020e

2021e

2022e20Description:In2022,thesavingsrateasashareofhouseholddisposableincomeinGermanydecreasedby3.8percentagepoints(-25.13percent)since2021.Nevertheless,thelasttwoyearsrecordedasignificanthighersharethantheprecedingyears.

ReadmoreNote(s):Germany;2003to2022Source(s):OECDMortgageinterestrateinGermanyfrom1stquarter2013to3rdquarter2022MortgageinterestrateinGermanyQ12013-Q320223.5%3.0%2.5%2.0%1.5%1.0%0.5%0.0%21/statistics/614972/mortgage-interest-rate-germany-europeMortgageloansareoneoftheoldestbankproducts.Amongthefactorsthatinfluencemortgageinterestratesareinflation,economicgrowth,monetarypolicies,thebondmarket,thestabilityoflenders,andtheoverallconditionsofthehousingmarket.ReadmoreNote(s):Germany;Q12013toQ32022Source(s):EuropeanMortgageFederationEffectiveresidentialmortgageinterestratesinGermanyfromJanuary2015toMarch2023,bymortgagetermResidentialmortgageinterestrateinGermany2015-2023,bymortgagetypeTotalRenegotiatedloansOver5yearsandupto10yearsFloatingrateorupto1yearOver10yearsOver1yearandupto5years5.0%4.5%4.0%3.5%3.0%2.5%2.0%1.5%1.0%0.5%22Description:Afteraperiodofrecord-lowmortgageinterestrates,thecostofmortgageborrowinginGermanysurgedin2022.Inlate2020andearly2021,theaverageeffectiveinterestratewasaslowas1.16percent.Thisdownwardtrendreversedinlate2021,asmortgageratesstartedtograduallypickup.Five-to-tenyearmortgageloanshadthelowestratesinMarchat3.64percent,whilefloatingratemortgagesuptooneyearwerethemostexpensiveat4.44percent.Mortgageswithover10yearfixed[...]

ReadmoreNote(s):Germany;January2015toMarch2023Source(s):DeutscheBundesbankTotaloutstandingresidentialmortgagelendinginGermanyfrom2ndquarter2014to3rdquarter2022(inbillioneuro)OutstandingresidentialmortgagelendinginGermanyQ22014-Q320222,0001,8001,6001,4001,2001,000800600400200023Description:ThetotalamountofoutstandingresidentialmortgagelendinginGermanygrewquarterlysincethesecondquarterof2014.Thisvalueincreasedtoover1.8trillioneurosbythethirdquarterof2022.

ReadmoreNote(s):Germany;Q22014toQ32022Source(s):EuropeanMortgageFederationTotalnumberofcreditcardsanddebitcardsincirculationinGermanyfrom2000to2021AnnualcreditcardanddebitcardsissuedinGermany2000-2021CreditcardsDebitcards180,000,000160,000,000140,000,000120,000,000100,000,00080,000,00060,000,00040,000,00020,000,00002000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

202124Description:Approximately25percentofpaymentcardsinGermanywerecreditcards,reachingatotalofroughly37millionin2018.Debitcardswerefoundmoreofteninthecountry,asthatyeartherewerearound115millionofthesecards.Thenumbersprovidedareestimates,basedonthefigurescentralbankshavetosupply.Owningapaymentcarddoesnotimmediatelyindicateitgetsusedoften,astherearelargedifferenceswithinEuropewhenitcomestotheuseofcertainpaymentmethods.

ReadmoreNote(s):Germany;2000to2021Source(s):DeutscheBundesbank;ECBCombinedvalueofcreditanddebitcardtransactionsinGermanyfrom2000to2021(inmillioneuros,andestimatesinU.S.dollars)AnnualpaymentcardtransactionsinGermany2000-2021,inlocalcurrencyandUSD450,000400,000350,000300,000250,000200,000150,000100,00050,00002000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

202125Description:ThetotalvalueofannualcardpaymentsinGermanybetween2001and2020increasedyear-on-yearwithaslightdeclinebetween2005and2006.Thevalueofcardpaymentshasgrownsincethenfrom143.5billionEurosworthin2007to363.3billionEurosin2020.ReadmoreNote(s):Germany;2000to2021;Allfiguresareprovisional;ThesourcesignificantlychangeditsdatabaseinNovember2023.Thismaymeanmethodologychanges,ornotallEU-27countriesreportingthesamefigures;USDfigureshavebeencalculatedbythe"Details"tabformoreinformation.Source(s):BankforInternationalSettlements;DeutscheBundesbank;ECBseeBanknon-performingloans(NPL)tototalgrossloansratioinGermanyfrom2005to2019Non-performingloansratioinGermany2005-20194.5%4.0%3.5%3.0%2.5%2.0%1.5%1.0%0.5%20052006200720082009201020112012201320142015201620172018201926Description:Theratioofnon-performingloans(NLP)tototalgrossloansinGermanydecreasedby0.2percentagepoints(-16.13percent)in2019incomparisontothepreviousyear.Therefore,2019marksthelowestratioduringtheobservedperiod.

ReadmoreNote(s):Germany;2005to2019Source(s):WorldBankCHAPTER

04InvestmentbankingLeadingfinancialadvisorstomergersandacquisiton(M&A)dealsinGermanyin2022,bydealcountLeadingfinancialadvisorstoM&AdealsinGermany2022,bydealvalueM&Adealcount2022

2021010203040505060597080PwCDeloitte454542HoulilahLokeyRothschild&CoKPMG294242466038EY703334BDO282626GoldmanSachs&CoJPMorgan2924Saxenhammer2128Description:In2022,PwCwastheleadingfinancialadvisoryfirmtomergerandacquisition(M&A)dealsinGermany,intermsofdealcount.PwCadvisedonatotalof50M&AdealsinGermanyin2022.DeloitteandHoulilahLokeysharedsecondplacewitha45M&Adealsadvisedonthatyear,respectively.ReadmoreNote(s):Germany;2021and2022Source(s):AcurisGlobal;DeloitteLeadingfinancialadvisorstomergerandacquisition(M&A)transactionsinGermanyin2022,bydealvalue(inbillionU.S.dollars)LeadingfinancialadvisorstoM&AdealsinGermany2022,bydealvalueDealvalueinbillionU.S.dollars2022202102040608010012050.5349.46GoldmanSachs&CoRothschild&CoDeutscheBankBarclays95.6527.0141.5290.5289.7336.9336.4812.5JPMorgan34.6132.1229.31MorganStanleyPerellaWeinbergPartnersLazard62.8446.9324.3425.02BankofAmericaPwC101.2218.973.7529Description:In2022,theleadingfinancialadvisoryfirmtomergerandacquisition(M&A)dealsinGermanywasGoldmanSachsandCo,whichadvisedondealsworthover50billionU.S.dollars.Rothschild&Corankedsecond,closelyfollowingwithM&Adealsworthnearly50billionU.S.dollars.ThethirdplacerankingiscompletedbyDeutscheBank,withM&Adealsadvisedonamountingtonearly42billionU.S.dollars.ReadmoreNote(s):Germany;2021and2022Source(s):AcurisGlobal;DeloitteNumberofmergersandacquisitions(M&A)transactionsinGermanyfrom1stquarter2016to2ndquarter2023NumberofmergersandacquisitiondealsGermany2016-20239008007006005004003002001000Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q22016

2016

2016

2016

2017

2017

2017

2017

2018

2018

2018

2018

2019

2019

2019

2019

2020

2020

2020

2020

2021

2021

2021

2021

2022

2022

2022

2022

2023

202330/statistics/1389678/operations-mergers-acquisitions-germanyThenumberofmergerandacquisition(M&A)dealsinGermanydecreasedsignificantlythroughout2022andmid2023.Inthesecondquarterof2023,therewere402M&Atransactionsinthecountry,comparedto730inthelastquarterof2021.

ReadmoreNote(s):Germany;Q12016toQ22023Source(s):FactSetLargestmergerandacquisition(M&A)dealsinGermanyasofJanuary2023,bydealvalue(inbillionU.S.dollars)Biggestall-timeM&AtransactionsinGermany2023DealvalueinbillionU.S.dollars050100150200250VodafoneAirTouchPLC-MannesmannAG(1999)BayerAG-MonsantoCo(2016)202.7956.6Daimler-BenzAG-ChryslerCorp(1998)PraxairInc-LindeAG(2016)MannesmannAG-OrangePLC(1999)40.4735.1632.5929.421.92DeutscheTelekomAG-VoiceStreamWirelessCorp(2000)Rhone-PoulencSA-HoechstAG(1999)BayerAG-ScheringAG(2006)21.419.6618.2616.9515.6514.34AllianzAG-DresdnerBankAG(2001)UnicreditoItalianoSpA-BayerischeHypo-undVereins(2005)MerckKGaA-Sigma-AldrichCorp(2014)ContinentalAG-SiemensVDOAutomotiveAG(2007)EONAG-EndesaItalia(2007)31Description:BothBayerAGandDeutscheTelekomAGfeaturethreetimeseachinthelistoflargestall-timemergersandacquisitionsinGermany.However,thelargestall-timeM&AdealwasVodafoneAirTouch's(UK)1999acquisitionofMannesmannAG(DE)for202.8billionU.S.dollars,or204.8billioneuros.ThiswasalmostfourtimelargerthanthesecondlargestdealwhichwasBayerAG'sacquisitionofMonsantoCo,whichwasvaluedatapproximately56.6billionU.S.dollarsor49.8billioneuros.

ReadmoreNote(s):Germany;AsofJanuary2023;anyacquisitionsinvolvingaGermancompanywereincludedSource(s):InstituteforMergers,AcquisitionsandAlliances(IMAA)NumberofIPOsontheFrankfurtStockExchange(DeutscheB?rse)from1990to2022NumberofIPOsontheFrankfurtStockExchange1990-20222001751801601401201008014279603634403225192021151415161312122011988876455352110032Description:In2022,therewasonlyoneinitialpublicoffering(IPO)inGermany,comparedto12in2021.TheIPOsdisplayedrefertotheEUregulatedmarket(PrimeStandard),whichisanorganizedmarketaswellasalegallyregulatedstocksegmentwhereconditionsforapprovalandfollow-upobligationsarealsoregulatedbythelaw.ReadmoreNote(s):Germany;1990to2022Source(s):DeutscheB?rse;KirchhoffLargestIPOsontheFrankfurtStockExchange(DeutscheB?rse)in2021(inmillioneuros)LargestIPOsontheFrankfurtStockExchange20212,5002,216.92,0001,832.81,5001,00050001,063.1842754.4414396.3326.1322226.9VantageTowersAGAUTO1GroupSESUSES.A.ABOUTYOUHoldingAGSYNLABAGFriedrichVorwerkGroupSECherryAG

MisterSpexSE

BIKE24Holding

NovemGroupAG

S.A.33Description:In2021,thelargestinitialpublicoffering(IPO)ontheGermanStockExchange(DeutscheB?rse)wasthatofVantageTowersAG,whichwasvaluedatover2.2.billioneuros.TheIPOsdisplayedrefertotheEUregulatedmarket(PrimeStandard),whichisanorganizedmarketaswellasalegallyregulatedstocksegmentwhereconditionsforapprovalandfollow-upobligationsarealsoregulatedbythelaw.ReadmoreNote(s):Germany;2021Source(s):DeutscheB?rse;Kirchhoff;VarioussourcesCHAPTER

05OnlinebankingNumberofneobankingusersinGermanyfrom2017to2023,withforecastsfrom2024to2027(inmillions)NumberofneobankingusersinGermany2017-2023,withforecaststo202765435.225.024.74.23.52.552.042101.310.790.450.262017201820192020202120222023202420252026202735Description:ThenumberofneobankingusersinGermanyincreasedsteadilybetween2017and2023,exceeding3.5millionin2023.AccordingtoStatista'sDigitalMarketInsights,theuserbaseofneobankingisforecasttoincreaseevenfurtherinthefollowingyears.By2027,thenumberofneobankingusersinGermanyisestimatedtoreach5.2million.ReadmoreNote(s):Germany;2017to2023Source(s):DigitalMarketInsightsNeobankingandneobrokerageawareness,popularity,andusageinGermanyin2022,bybrandNeobankingandneobrokeragepopularityinGermany2022,bybrandAwarenessPopularityUsage45%40%35%30%25%20%15%10%5%0%36Description:N26wasthemostwell-knownneobankingappinGermanyin2022,basedonStatista'sGlobalConsumerSurvey.Approximately41percentoftherespondentsknewtheapp-basedchallengerbank.However,intermsofpopularity,N26onlyrankedthird.ThemostpopularneobankingorneobrokerageappwaseToro,followedbyTradeRepublic.ReadmoreNote(s):Germany;May12,2022toDecember19,2022;3724respondents;18-64years;residentialonlinepopulationSource(s):ConsumerInsightsShareofbankaccountholdersprocessingbankingmattersviamobilebanking(smartphoneortablet)inGermanyfrom1sthalf2019to2ndquarter2023MobilebankingpenetrationinGermany2019-2023,byquarter60%48%50%40%30%20%10%0%47%46%46%44%42%40%39%39%39%39%34%29%28%H12019

H22019

H12020

H22020

Q12021

Q22021

Q32021

Q42021

Q12022

Q22022

Q32022

Q42022

Q12023

Q2202337Description:Mobilebankingpenetrationincreasedrapidlybetween2019and2023amongbankaccountholdersinGermany,withalmost50percentofallbankaccountholdersprocessingbankingmattersviamobilebankinginthesecondquarterof2023.AccordingtoStatista'sConsumerInsights,theshareofrespondentswhoprocessedbankingaffairsviasmartphoneortabletincreasedfrom28percentin2019to48percentin2023.Despitetherapidincreaseofmobilebankingusage,online[...]

ReadmoreNote(s):Germany;H12019toQ22023;5,943respondents;18-64years;bankaccountholdersSource(s):ConsumerInsightsShareofbankaccountholdersprocessingbankingmattersviaonlinebanking(PCorlaptop)inGermanyfrom1sthalf2019to2ndquarter2023OnlinebankingpenetrationinGermany2019-2023,byquarter80%70%70%70%60%50%40%30%20%10%0%67%64%63%62%62%61%60%57%56%56%56%56%H12019

H22019

H12020

H22020

Q12021

Q22021

Q32021

Q42021

Q12022

Q22022

Q32022

Q42022

Q12023

Q2202338Description:Theshareofbankaccountholderswhoprocessedbankingmattersviaonlinebanking(PCorlaptop)decreasednotablyinGermanybetween2019and2023.AccordingtoStatista'sConsumerInsights,theshareofbankaccountholderswhoprocessedbankingaffairsviaPCorlaptopdroppedfrom70percentin2019to56percentinthesecondquarterof2023.Despitethedownwardtrend,onlinebankingremainedtheprimarymethodtoprocessbankingaffairsinGermany.

ReadmoreNote(s):Germany;H12019toQ22023;5,943respondents;18-64years;bankaccountholdersSource(s):ConsumerInsightsNetinterestincomeofthedigitalbankingindustryinGermanyfrom2017to2023,withforecastsfrom2024to2028(inbillionU.S.dollars)NetinterestincomeofdigitalbanksinGermany2017-2023,withforecaststo2028807069.963.4605040302010056.248.639.83019.314.37.84.21.612017201