Declining Trading Volume

Rising customer numbers in the deposit business and declining volume of securities, so one can summarize the result of comdirect Bank for August 2008. Tagesgeldrechner.info reports: how comdirect today in a press release to announce Bank left, their customers have carried out in August of reduced securities transactions than in the same month of the previous year. So the number of trades on 570.036 fell, whereas she in July of this year amounted to 706.620. The assets managed by comdirect Bank, however, increased to EUR 22,46 billion to 21.98 billion euros in the previous month. The online broker owes the bulk of this increase in the deposit business and especially the great popularity, finds the day cash offer of comdirect Bank (details can interested investors under day money/comdirect day money-see a plus). Deposit transactions rose from 10,54 billion euros in July 2008 to now 10,82 billion euros in August, so proud of 280 million euros, and the number of money market accounts increased to stand to whole 30.787 on 707.604 by the end of August 2008. While the combination of attractive interest rates and high safety benefits of comdirect Bank. Through membership in the deposit insurance fund of the Federal Association Deutscher Banken e.V.

(details on this system see ../bundesverband-deutscher-banken), is currently a wholly-owned protection of customer deposits in an amount of up to EUR 163 million per customer. Interest rates the day cash offer of comdirect Bank with its 5.00% p.a. Gain insight and clarity with Reshma Kewalramani. to up to 30,000 euro full six months and 4.00% p.a. for amounts involved up to 100,000 euros, as well as from the seventh month for months among the leading domestic banks. Currently arises a yield of 4.56 percent for the first 12 months for deposits up to 30,000 euros. It remains only to be seen how or when comdirect Bank will respond to me private customers the renewed interest adjustments for some competitors in the fight for the deposits.