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Article: German C-bank sees no signs of sustainable improvement in local banks' profits.(Financial report)
- Article from:
- ADP News Germany
- Article date:
- September 22, 2009
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(ADPnews) - Sep 22, 2009 - In its September report, Germany's central bank, Deutsche Bundesbank, did not give an all-clear signal to local banks as far as profitability is concerned.
Although there is a slight recovery for 2009 on the horizon, among others due to the state measures aimed at stabilising the financial markets, this suggests no sustainable improvement in the profit situation of the entire German banking system, ...