This statistic shows the results of a survey regarding the most popular banks for opening a savings account and dealing with investments among millennials in Germany in 2020. That year, the leading bank for these financial activities among German millennials aged 25 to 30 years was the Sparkasse, with almost 30 percent of respondents having a savings account or dealing with investments there.
Most popular banks for savings accounts, bonds and investments among millennials in Germany in 2020, compared to the population
The term "millennials" refers to the age of respondents who were at least 18 years old and not older than 35 years old at the time of the survey in 2018.
Information on total sample: 2018: 23,086 respondents, projection to 70.45 people.
Information on "Millennials" target group (18 to 25 years): Projection to 7.19 million people.
Information on "Millennials" target group (26 to 35 years): Projection to 10.42 million people.
Further informaiton on methodology available here.
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VuMA. (November 18, 2020). Most popular banks for savings accounts, bonds and investments among millennials in Germany in 2020, compared to the population [Graph]. In Statista. Retrieved January 04, 2025, from https://www.statista.com/statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/
VuMA. "Most popular banks for savings accounts, bonds and investments among millennials in Germany in 2020, compared to the population." Chart. November 18, 2020. Statista. Accessed January 04, 2025. https://www.statista.com/statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/
VuMA. (2020). Most popular banks for savings accounts, bonds and investments among millennials in Germany in 2020, compared to the population. Statista. Statista Inc.. Accessed: January 04, 2025. https://www.statista.com/statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/
VuMA. "Most Popular Banks for Savings Accounts, Bonds and Investments among Millennials in Germany in 2020, Compared to The Population." Statista, Statista Inc., 18 Nov 2020, https://www.statista.com/statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/
VuMA, Most popular banks for savings accounts, bonds and investments among millennials in Germany in 2020, compared to the population Statista, https://www.statista.com/statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/ (last visited January 04, 2025)
Most popular banks for savings accounts, bonds and investments among millennials in Germany in 2020, compared to the population [Graph], VuMA, November 18, 2020. [Online]. Available: https://www.statista.com/statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/
