Geldanlage: Ein Euro pro Trade? Volksbanken bauen ETF-Handel per App aus
Ab Oktober soll es auch bei Genossenschaftsbanken billigere Wertpapierdepots für das Banking per Smartphone geben. Zudem ist eine Extra-App für junge Neukunden geplant – mit eigener Marke.
Deutsche genossenschaftliche banken are increasing competition for investment account customers, with a cheaper account in the banking app planned to start in October. The move comes as a letter to over 600 German cooperative bank CEOs reveals, according to the Handelsblatt. The step was decided by the BVR-Verbandsrat, a 50-member decision-making body of the industry association BVR, at the end of the previous week.
The BVR wanted to keep the decision confidential. The letter is from DZ Bank, a leading cooperative institution, and Union Investment, a fund company. Concerns over deposit leakage, customers switching to new apps, and the trend towards centralization within DZ Bank have raised questions. Despite fears, the plan includes directing customers to the Volks- und Raiffeisenbanken, with progress to be measured.
The new app is expected to attract around 400,000 customers by 2030 and reach profitability by 2034. Investments will be made by the DZ Bank.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
