The German economy weathered the storm from the Covid-19 pandemic well, thanks to strong government support, with a moderate downturn of 5% in 2020 followed by growth of 2.7% in 2021. As a result of the resilient economy, the country’s banking sector has largely been stable with strong asset quality and capitalisation.
Hamburg Commercial Bank (HCB) has retained its crown as Germany’s best-performing bank of the country’s 10 largest lenders. Contributing to its top overall ranking is its strong showing in terms of profitability, return on risk, soundness and leverage, where it is ranked first in all four categories.
