SENSATION in the Göppingen district: Raiffeisen banks are merging due to a shortage of skilled workers!

SENSATION in the Göppingen district: Raiffeisen banks are merging due to a shortage of skilled workers!

It's happening, and the waves are hitting high in the tranquil district of Göppingen! Two of the most valued Raiffeisen banks in Gruibingen and Ottenbach are on the verge of a RADICAL merger that could turn the entire banking landscape on its head! According to an incredible report by SWP These institutions are planning to join forces and create a gigantic bank with over 2000 members - this could be the largest merger of its kind in the region to date!

What is shocking is that despite the frightening merger plans, the locations in Gruibingen and Ottenbach are to be retained! But what insurmountable hurdles are forcing banks to make this decision? The fatal pressure on banks is increasing due to regulatory requirements and an almost unstoppable shortage of skilled workers! A look at the facts shows:

The increasing pressure on banks

• 78 % der Banken kämpfen mit einem DRAMATISCHEN Fachkräftemangel!
• 67 % klagen über die überbordenden regulatorischen Vorgaben!
• 32 % müssen die kritische Betriebsgröße schnellstens erreichen, um nicht unterzugehen!
• 23 % spüren den ZULÄSSIGEN Druck steigender Kundenanforderungen!

A shocking survey by the Geno Association has shown that a whopping 54% of banks are now considering merger scenarios - a huge wave that is spreading! This year, 18 merger plans have already been initiated among the member banks! What's going on in the banking world?

The reasons are as clear as the sky above Stuttgart and shocking at the same time! Loud Geno association It's not just the shortage of skilled workers and the burdensome regulations that determine the climate, but also the absurdly strict requirements of the Digital Operational Resilience Act, which must be implemented by January 2025! This is nothing less than a financial crisis in slow motion!

The future of banks is at stake

The boards of directors and supervisory boards of the merging banks have the big goal in mind: broad approval from members and, above all, maintaining quality and proximity to their customers! But what will the reality look like if the merger plans are made in June 2026 and the final integration is planned for autumn 2026? Will customers then be left at a disadvantage?

The pressure that banks feel due to the constant change in regulations should not be underestimated! 55% of banks report the enormous impact of these requirements, which represents an increase of 12 percentage points compared to the previous year! The bankers are alarmed and the cards in the financial world are being reshuffled!

CEO Ingmar Rega is vehemently calling for a change of course in regulation! The cooperative banks should no longer be blocked by meaningless regulations, but should be able to concentrate more on their core markets - an outcry that echoes through the banking landscape!

With the aim of securing the future of banks, the Raiffeisen banks rely on digital solutions that can meet the challenges of current and future market conditions. But the question remains: Do customers have to prepare for a loss of their usual quality and proximity?

The development raises deep concerns and suggests a turbulent future for the banking sector in Germany. Hold on tight, because the waves of these mergers could reach us all!

In this tense situation, it is to be hoped that the members of the two banks are well informed and their voices are heard in this crucial phase. Merger pressure on Volks- and Raiffeisenbanken? Yes, that is reality! We will keep you up to date on all developments with the latest information from Portfolio Institutional.