Although a number of positive trends can be identified overall, the financial system is still being set back by a whole host of factors, some of which are interrelated. –  Second, there is still a need for financial intermediaries to adjust. In Germany, that goes not least for the Landesbanken.
This is because most economic activity takes place on the basis of trust in the value of a currency, not just today, but also in the future. People are far more likely to save for the future if they are confident that the purchasing power of their savings will at least be maintained over time.