The large number of smaller banks – more than 1,300 savings banks or cooperatives – have an aggregate market share of 41% (Chart 1). Chart 1: A few large banks dominate the German banking sector. This chart shows the market share in terms of total assets of German banks € trillion in Q4 2022) grouped by their level of systemic importance.
The figures in brackets refer to the number of banks in each group. For the purpose of this illustration, global systemically important institutions are not included in the set of other systemically important institutions, which, including the G-SII, would contain 16 banks.