With the closure of branches of Deutsche Bank’s most populous state North Rhine-Westphalia is the most affected. During the year 2017, in North Rhine-Westphalia 51 branches disappear. In Berlin, there are 43 branches – including 26 of the subsidiary Berliner Bank. The German bank published on Sunday on the Internet the list of affected sites to be closed – in total there are 188. The branches will be merged with the nearest branch. The German bank wants to reduce costs.
Previously, the “Bild am Sonntag” reported on the list. Accordingly, making the largest German money house, for example, in Lower Saxony 16 branches dense, in Baden-Württemberg 12 and Bayern 11 9 branches are affected in Hamburg and Hesse 11, including five at the headquarters of Deutsche Bank in Frankfurt.
The Institute had already announced in June in the wake of their austerity that over a quarter of the branches in Germany are to be closed – the number of sites will be reduced from 723 to 535th With the new branch network, the German bank also responds by its own account the fact that more and more customers use online banking.
Fewer and fewer people took the opportunity to come into a branch, said the private customers Board of Deutsche Bank, Christian Sewing, on Sunday dpa inquiry. Of the 188 stores that are closed should be around 30 converted at rural sites “financial agencies”. They should therefore continue to pursue a large part of today’s consulting services and feature self-service zones with ATMs. “We therefore remain in the country for our customers easy to reach.”
Sewing reiterated the German bank would by 2020 around 750 million euros to invest in expanding its digital offering. Moreover, it should in future give additional seven counseling centers in Germany, where 360 trained bankers via video, chat or phone advising customers, even outside the traditional bank opening times.
In order to increase despite continued interest rate lows income, wants the also increasingly rely German bank on wealthy clients, as they had already notified. In each branch, it should in future give advice on asset management. But the number of experts will be increased in this area.
As part of its austerity the German bank had also informed in June that nearly 3,000 full-time jobs disappear. Of this, approximately 2,500 accounts for private and corporate customer business. This affects, among other things also asset management and risk management.
About the job cuts beyond the German bank withdraws from ten foreign markets and evaporated and Investment Banking divisions. 2015 German bank had reported a record loss of 6.8 billion euros because of the start-up costs for the restructuring of the Group.
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