The term "millennials" refers to the age of respondents who were at least 18 years old and not older than 35 years old at the time of the survey in 2018.
Information on total sample: 2018: 23,086 respondents, projection to 70.45 people.
Information on "Millennials" target group (18 to 25 years): Projection to 7.19 million people.
Information on "Millennials" target group (26 to 35 years): Projection to 10.42 million people.
Further informaiton on methodology available here.
Citation formats
Most popular banks for savings accounts and investment among millennials Germany 2020
This statistic shows the results of a survey regarding the most popular banks for opening a savings account and dealing with investments among millennials in Germany in 2020. That year, the leading bank for these financial activities among German millennials aged 25 to 30 years was the Sparkasse, with almost ** percent of respondents having a savings account or dealing with investments there.
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VuMA. (November 18, 2020). Most popular banks for savings accounts, bonds and investments among millennials in Germany in 2020, compared to the population [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/
VuMA. "Most popular banks for savings accounts, bonds and investments among millennials in Germany in 2020, compared to the population." Chart. November 18, 2020. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/
VuMA. (2020). Most popular banks for savings accounts, bonds and investments among millennials in Germany in 2020, compared to the population. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/
VuMA. "Most Popular Banks for Savings Accounts, Bonds and Investments among Millennials in Germany in 2020, Compared to The Population." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 18 Nov 2020, /statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/
VuMA, Most popular banks for savings accounts, bonds and investments among millennials in Germany in 2020, compared to the population ÌÇÐÄÆÆ½â°æ, /statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/ (last visited August 03, 2026)
Most popular banks for savings accounts, bonds and investments among millennials in Germany in 2020, compared to the population [Graph], VuMA, November 18, 2020. [Online]. Available: /statistics/975835/most-popular-banks-for-savings-accounts-investments-millennials-germany/