Buba’s Dombret leads calls to focus on bank profitability

Andreas Dombret

German banks were among the best performing in the European Central Bank's (ECB's) comprehensive assessment, but Deutsche Bundesbank's Andreas Dombret has issued a warning over their inability to compete with their regional and international rivals.

Münchener Hypothekenbank was the only bank in Germany to fail the exercise, recording a shortfall of €229 million ($290 million) under the adverse scenario of the stress test, but it has already raised enough capital to cover this.

On the whole, the

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