Press releases

July 17, 2026

European banking sector competitiveness: European Commission identifies the right priorities but remains too vague on implementation

The European Commission has today published its communication on the competitiveness of the European banking sector and the single market in banking. In it, it sets out what it considers to be the key areas for action and initiatives for a forward-looking European banking system. The European Commission intends to present legislative proposals based on this communication in the first quarter of 2027.
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July 15, 2026

Excellent competitive position: Cooperative Financial Network generates profit of €11.6 billion in 2025

The Volksbanken Raiffeisenbanken Cooperative Financial Network fared well in 2025 amid ongoing weak growth in Germany. Profit before taxes came to €11.6 billion. “Our banks have managed their business well and they are there for their customers in these challenging times. That is paying off in the form of millions of long-standing customer relationships with individuals and businesses, and further growth in customer business”, said Marija Kolak, President of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR) [National Association of German Cooperative Banks], when the consolidated financial statements were presented, adding that the result highlights the Cooperative Financial Network’s competitiveness. Kolak also made reference to increasing economic headwinds and a marked rise in competitive pressure in the German banking market. “This is why we are channeling our efforts into becoming fit for a future that is built around the needs of our customers.”
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March 26, 2026

Completion of the CMDI reform: German Banking Industry Committee calls for practical implementation and transitional periods

Following approximately three years of negotiations, the European Parliament and Council have completed their reform of the European crisis management and deposit insurance (CMDI) framework. The formal sign-off means that member states will now start implementing it at national level. The Deutsche Kreditwirtschaft (DK) [German Banking Industry Committee] regards the outcome of the reform as a balanced political compromise overall and believes that the specific details of how it is to be put into practice will be crucial.
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BVR - 06.05.2014, 12:00:00
URL: https://www.bvr.de/Presse/Alle_Meldungen