Germany non-financial firms time deposits
Germany non-financial firms time deposits stood at 294.6 EUR billion in Q1 2026, according to Deutsche Bundesbank. It is one of the indicators in the Non-financial corporations' financial accounts table (Value · Quarterly), with a complete series running from Q1 1999 to Q1 2026. The complete series with an interactive chart, free to download.
This indicator in the Non-financial corporations' financial accounts table
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Time deposits2 | 294.6 | 295.6 | 291.5 | 276.7 | 292.5 | 296.3 | 295.1 | 285.5 | 298.2 | 280.9 | |
| Short-term time deposits | 273.5 | 274.5 | 269.8 | 255 | 269.2 | 274.4 | 270.8 | 262.2 | 275.4 | 257.3 | |
| Long-term time deposits | 21 | 21.1 | 21.7 | 21.8 | 23.2 | 21.9 | 24.3 | 23.3 | 22.8 | 23.6 |
Understanding germany non-financial firms time deposits
Contractual term deposits placed by non-financial enterprises with banking institutions for an agreed duration define this financial asset category. It encompasses both short-dated and multi-year fixed-term deposits that remain locked until a specified maturity date. Savings accounts governed by notice periods, savings certificates, and sight deposits are excluded. The distinction between this row and other non-transferable deposits rests on contractual maturity: time deposits expire on predetermined calendar dates rather than requiring an active withdrawal notice.
Treasury interest rate expectations heavily drive corporate placement into fixed-term accounts, as enterprises lock in yields when policy rates shift. Annual comparisons reveal genuine shifts in balance sheet duration by eliminating recurring seasonal patterns around fiscal year ends. Because time deposits are recorded at nominal contractual value, changes reflect cash allocations, interest capitalisation, and exchange rate movements rather than secondary market price shifts. Revisions emerge as banking statistics refine classifications between term facilities and overnight balances. Comparing this series with broader debt assets requires remembering that time deposits lack secondary market liquidity and cannot be traded between non-bank investors.
Frequently asked questions
- Can an enterprise withdraw funds from a time deposit before the agreed date?
- Early liquidation is generally barred or subject to contractual penalties, as the deposit is bound by a fixed contractual term.
- How do time deposits differ from savings deposits in this table?
- Time deposits have a defined maturity date, whereas savings deposits have indefinite durations and require a notice period before withdrawal.
- Are long-term and short-term term deposits combined in this row?
- Yes, this parent row aggregates time deposits across all maturity horizons before they are divided into short and long sub-components.