Sparkasse with urgent appeal to customers – ‘warned for years’
Sparkasse, DHL and Amazon: Beware of Phishing! This is how you protect yourself!
Sparkasse, DHL and Amazon: Beware of Phishing! This is how you protect yourself!
Billions of spam emails are sent around the world every day. Most of them are called phishing emails.
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horror message for savings banks-Client! Anyone who saves the account correctly will face a blue miracle.
Negative interest rates and inflation also go to savings banks Do not pass without a trace. Customers must be prepared for a loss in value.
Savings banks: “Gero” savers are losing money
Lots of people keep their money in checking accounts. This is what the managing director of the savings banks said. The problem: Thanks to monetary policy in Europe, savers are likely to lose money.
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This is the savings bank:
- Sparkasse organized the umbrella organization DSGV eV (German Savings Banks and Giro Association)
- Consortium of savings banks, general insurance companies and other financial service providers
- More than 200,000 employees
- More than 12,000 branches and more than 375 institutes (2021)
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The European Central Bank (ECB) has been applying negative interest rates for some time. Savings banks have so far been able to protect their customers from this. But savers now can also count on negative interest rates. This means that investors have to pay money to the bank to keep their money instead of earning interest on their savings.
Savings banks ‘warn for years’
Central bank monetary policy has been worrying savings banks for some time. They have warned for years that it could affect investors.
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More about Sparkasse:
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Inflation is high. The European Central Bank agrees that the value of savings, old-age pensions and wages will continue to fall and that the standard of living will become a challenge for many”, says Ludger Weskamp. He is president of the Association of Savings Banks in East Germany.
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