German officials assured of the stability of the situation in the country’s banking sector

No time to read?
Get a summary

The German government assured German depositors that the situation in the country’s banking sector is stable and the population has no reason to worry at the moment. The newspaper wrote about it Bild am Sonntag Referring to the message of Steffen Hebestreit, the official representative of the German Cabinet.

so he commented bankruptcy The challenges of the American investment bank Silicon Valley Bank (SVB) and the second largest Swiss Credit Suisse.

“There are several reasons for concern. Savings of depositors are safe. It is these words that are at the heart of the current situation,” said Hebestreit, confirming the guarantees given to depositors by former German Chancellor Angela Merkel in 2008.

This week’s Bild newspaper WroteMerkel went on vacation to the island of Fuerteventura (Canary Islands) on a regular Eurowings flight with her husband, Professor Joachim Sauer. Previously, she used government planes for travel, she.

On March 13, against the background of the sudden bankruptcy of the American SVB, the securities of the Swiss financial holding Credit Suisse fallen more than 11%. Robert Kiyosaki, American investor, financial commentator, and bestselling author of Rich Dad Poor Dad reported About the collapse of Credit Suisse.

No time to read?
Get a summary
Previous Article

Imprisoned by a drug group arrested in Andalusia in 2021 thanks to three undercover agents

Next Article

“CIAN.Analytics”: Rental housing prices in major Russian cities fell by 11-15% per year