Total assets of the banking industry in Germany 2003-2023

The German banking industry reported 10.8 trillion euros in total assets in 2023, up from 10.58 trillion euros from the previous year. The value of total assets in 2023 was the highest value reported during the whole period, above the previously highest values, which were the years between the Financial Crisis and the peak of the Sovereign Debt Crisis. The high values during this period, suggesting that German banks were viewed as relatively safe during this period. 

German banking sector

Deutsche Bank is the leading German bank and one of the leading European banks by total assets. Despite the increase in total assets of the industry, the number of monetary financial institutions (MFIs) declined steadily since 2008.

Stock performance of Deutsche Bank

The price of Deutsche Bank shares decreased significantly over time and reached the lowest value in 2019. This was the result of the problems that the bank experienced in the past years. At the beginning of 2019, the merger of Deutsche Bank with Commercial Bank was discussed, but eventually no agreement was reached.