How do Public Banks work in Germany? Check out this video.

Public Banks make up 43 percent of banks in the economic powerhouse of Germany. If you add in local cooperative banks, a whopping 70 percent of banking in Germany is not-for-profit. Commercial banks such as Deutsche Bank account for a measly 12.5 percent of banking there.

So how do the Public Banks in Germany keep their economy humming? Check out the latest video about Sparkasse


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