Because of the increase in ATM blasts, Deutsche Bank is restricting its opening times: The institute closes the self-service areas at night between 10 p.m. and 6 a.m. “for security reasons”, said Lars Stoy, the head of the private customer bank for Deutsche Bank and Postbank, the newspapers the Funke media group on Tuesday.

The safety standards are already very high "thanks to different defense mechanisms such as fog and coloring systems".

At the same time, criminal activity has increased, Stoy said.

According to information from the insurance industry, around 800 ATMs have been blown up in Germany in the past two years.

A further increase in cases is expected this year.

Stoy told Funke Zeitungen that Deutsche Bank and Postbank will continue to have branches for their customers in the future.

"Branch offices will remain a central component of our advisory services in our future strategy." By the end of 2023, the nationwide network will consist of around 400 Deutsche Bank branches and around 550 Postbank branches.