Within the category of the commercial banks, international operations play a particularly important role for the big banks, which have traditionally been geared towards international activities, and for the branches of foreign banks. In the latter sub-group, cross-border transactions account for over half of their lending and 60% of their funding.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Source: Deutsche Bundesbank, figs. for year-end 2004.
In the case of the big banks, it is above all their interbank operations which are geared to the international market. This is due, among other things, to the fact that these banks have built up a strong position on the money market in the euro area and play an important role in supplying the eurozone banking system with liquidity. The figures also reflect the large number of transactions between their domestic bank offices and their branches outside Germany.
Despite their increasing targeting of the international market, the main focus of both the big banks and the regional banks remains on the domestic market.