Germany only middle-ranking in terms of online banking

About one in three Germans (32%) between 16 and 74 years of age use online banking. In the period between 2004 and 2006 alone this percentage increased by 25%. By European comparison, however, Germany ranks just above the EU average of 21%. The Dutch use online banking almost twice as much (59%) as Germans. These figures were reported by the Eurostat European Statistical Office.

For 2007 an increase in users of at least 21 million is expected in Germany, as was announced today in Berlin by the German Association for Information Technology, Telecommunications and New Media (BITKOM).

There is a lot of backlog in particular in the East and South of Europe. Thus, in Poland just 9% of people in the age bracket from 16 to 74 carry out their banking transactions over the internet. But there is one common aspect in all EU member states: Most of the time it is men who use online services provided by their banks. This is also true with regard to Germany where in 2006 36% of men did online banking whereas the percentage for women was just 27%. GERMAN