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BRIEF-‍Moody's says German savings banks face increased pressure on profitability from low interest rates​
June 30, 2017 / 2:53 PM / 2 months ago

BRIEF-‍Moody's says German savings banks face increased pressure on profitability from low interest rates​

June 30 (Reuters) - Moody's :

* ‍Moody's says German savings banks face increased pressure on profitability from low interest rates​

* Moody's on German savings banks - Expects stronger earnings pressure through 2018, further dip in banks' net interest income at least for this year and next

* ‍Moody's - Germany's savings banks likely to face intensified pressure on profitability from low to negative interest rates, rising interest rate risks next 12-18 months

* ‍Moody's says German savings banks' high dependence on interest income increases their vulnerability in a low-yield environment

* Moody's on German savings banks - Potential shift in monetary policy from 2019 on may exacerbate banks' profitability pressures before providing stable environment

* ‍Moody's says expects consolidation in German savings bank sector to continue as weaker banks merge with stronger ones Source text for Eikon:

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