Total value of check transactions for commercial banks in Germany 2011-2019
The total value of check transactions for commercial banks in Germany decreased 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 check transactions for commercial banks in Germany reached a total of approximately 43.9 billion euros. The largest value for the period under observation was found in 2011, when almost 122.9 billion euros of transactions were recorded.