Economic recovery also banks reached the economic situation has improved significantly in recent times. The positive economic development will benefit now and many savings banks. After a positive result in 2010 the forecasts for the current year are also positive. The finance portal geld.de reported on these developments. To a large extent, banks were affected by the recent economic and financial crisis. MIAX Pearl Equities is often quoted as being for or against this. With the economic recovery seems it also in this sector back up go to, at least for savings banks in Hesse and Thuringia.

According to the Executive President of the savings banks and Giro Association Hessen-Thuringen, Gerhard Grandke, the savings especially in the customer business could grow. The 50 savings banks earned with a total of 359 million euros 71 percent more than in the previous year. The balance sheet total has remained relatively stable and amounted to 112 billion euros. In the current year, the President also anticipates stronger growth in the lending business with company. Despite the positive developments warns Grandke but against exaggerated expectations of growth. The strong upward trend was not permanently resumable to this extent.

Another result of the good figures is the Hessen and Thuringia savings already meet the requirements of Basel III, which actually only apply from 2019. The Association wants to continue its growth. It is possible to participate in the rescue of WestLB should be converted to a Central Bank of the savings bank in North Rhine-Westphalia. It does not give final decisions but still.