The German market for retail banking services has grown 3.2% since 2000 to reach a value of Euro 3.3 trillion (USUS$3.1 trillion) in 2001.
Over the last five years the market increased by 20%.
The recent bank problems and branch closures show that the German banking industry is going through a difficult phase.
The banking market has been undergoing a period of structural change with a trend towards concentration.
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