ING-DiBa CEO: German Bank Consolidation Is Unavoidable

The transcript discusses the challenges faced by banks in a low-interest environment, including shrinking interest margins and the use of fees to compensate. It highlights customer behavior in investment and savings, the history of a bank's growth without negative rates, and the impact of such rates on banks. The conversation also covers cost structures, the potential for consolidation in the banking sector, and strategies for dealing with negative rates, emphasizing the importance of digital innovation and cost efficiency.

How are customers changing their habits regarding cash and investments?

What is the significance of negative interest rates for smaller banks in Germany?

What challenges are banks facing in the current low interest rate environment?

What strategies are banks using to cope with shrinking interest margins?

What opportunities does the current banking environment present for technology?