
Total value of credit transfers for commercial banks in Germany 2011-2019
The total value of credit transfers for commercial banks in Germany fluctuated considerably between 2011 and 2019. A commercial bank is defined as financial institution that offers a wide range of financial services to both individuals and businesses, ranging from accepting deposits to issuing loans. As of 2019, the value of credit transfers for commercial banks in Germany reached 36.7 trillion euros, an increase compared to the previous year.