Märkte: Frankfurt stürzt im Ranking der Finanzplätze ab – das sind die Gründe

Frankfurt, Germany's financial hub, has experienced a significant decline in its global standing, losing its place among the top 20 financial centers worldwide and falling to 29th position, according to the Global Financial Center Index. This is the second-highest ranking report of its kind, published twice a year. The city has slipped 14 places since the last assessment.

In Western Europe, Frankfurt holds the ninth position, trailing London, Zurich, Geneva, Luxembourg, Lugano, Paris, Copenhagen, and Amsterdam. Within the European Union, Frankfurt ranks fifth. The decline in Frankfurt's prominence is not solely detrimental to the city itself; it also affects the broader German economy. Hans-Peter Burghof, a professor of banking and financial services at the University of Hohenheim, emphasizes that a financial center is an integral part of a nation's economic infrastructure.

As Frankfurt loses its relevance, accessing substantial capital for German businesses, particularly smaller enterprises, becomes more challenging. They may lack the means to diversify into international markets.