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Sparkasse and VR aren't the two largest German banks. DB is at least double the size of Commerzbank which is again 100mn in assets ahead of DZ. I don't find it all that surprising that these small banks are still trying to keep their legacy systems alive, but it's not the case for the bigger boys. (Source: work for several of them)


You are right if we only talk about assets. Should've clarified I meant more in regards of retail customers and branches.


Oh, right, consumer banks. Yes I can imagine they're all extremely legacy bound. They're a very small percentage of banking, though.




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