CFS Index remains stable despite mixed results
The CFS Index, which tracks the state of the German financial sector on a quarterly basis, stagnated at 108.8 points, almost unchanged from the previous quarter at +0.4 points. Service providers in the financial sector reported good results for the second quarter in terms of sales and earnings growth, while growth among financial institutions slowed. At the same time, service providers are cutting jobs moderately, while financial institutions are continuing to recruit. With regard to expectations for the current quarter, the overall picture is mixed.
German financial industry favours stronger regulation of the crypto sector
CFS survey on “Bitcoin, Ethereum & co. – what does the future hold after the crypto market crash?”
CFS Index falls significantly
Sentiment in the financial sector has deteriorated further. The CFS Index, which measures the business climate of the German financial sector on a quarterly basis, falls by -4.5 points to 106.6 points in the second quarter of 2022.
Growth, inflation, climate and industry policy: outlook for 2022
The Center for Financial Studies (CFS) conducts a quarterly management survey in the German financial sector.
CFS Index rises and is clearly above last year’s level
In spite of a pandemic that has now been ongoing for two years, the mood in the financial sector has developed positively over the past year.
CFS survey on inflation and inflation expectations
German financial sector does not believe that inflation rates will normalise in the short term – calls to abandon expansive monetary policy
CFS Index remains stable with a slight upward trend
The financial sector remains in positive spirits. The CFS index rises by +0.2 points to 111.8 points in the first quarter of 2021.
Does Europe need a digital euro?
German financial industry has yet to form a clear opinion on the digital euro – Fears over risks to the banks’ business model
CFS Index clearly rises for the second time in succession
Undeterred by the second wave of Covid-19, the sentiment of the financial sector is improving, certainly due in part to hopes raised by the newly developed vaccines.
CFS survey on “Impacts of Covid-19 on the German banking sector”
German financial sector anticipates wave of insolvencies and accelerated branch closures due to pandemic.




