Editing Economy of Germany (section)

===Banking system===
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| image1 = Deutsche Bank Taunusanlage.jpg
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| caption1 = [[Deutsche Bank]] [[Deutsche Bank Twin Towers|Twin Towers]] in [[Frankfurt]]
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| caption2 = [[Deutscher Sparkassen- und Giroverband]] headquarters in Berlin
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Seven German banks are among the [[List of largest banks|biggest in the world]]. As of 2019, Germany is the country in Europe with the highest number of credit institutions: between 1,600 and 1,800.<ref>{{cite web|url=https://www-ilsole24ore-com.translate.goog/art/da-deutsche-sparkassen-3-pilastri-ingessati-banche-tedesche-ABS0rHsB?_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=it&_x_tr_pto=wapp&_x_tr_hist=true|title=From Deutsche to Sparkassen, the 3 "plastered" pillars of German banks|author=Isabella Bufacchi|date=27 April 2019}}</ref> The types of institutions are in strong [[competition]] with each other: 390 [[Sparkassen-Finanzgruppe|''Sparkassen'']] and 8 public [[Landesbank|''Landesbanken'']] groups (1,200 billion euros of [[transaction account|deposits]]), private [[commercial bank]]s ([[Deutsche Bank|DB]], [[Commerzbank]], and [[UniCredit|Unicredit]]-[[HypoVereinsbank]], for 780 billion), cooperative credit banks (700 billion euros), savings banks, and [[German Cooperative Financial Group|''Raiffeisen'']]. The total of the system is worth 3,800 billion. 75% of retail customer deposits are managed by [[savings bank]]s and cooperative credit banks.

According to Eurostat, in 2022 Germany also recorded the highest European rate of gross [[saving]]s (19.98% of [[Per capita income|disposable income]]).<ref>{{cite web|url=https://it.euronews.com/business/2023/11/28/in-which-european-countries-do-you-save-the-most|title=In which European countries do you save the most?}}{{Dead link|date=January 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>