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The vice-president of Germany’s central bank has a warning for lenders as insolvencies rise
Finance

The vice-president of Germany’s central bank has a warning for lenders as insolvencies rise

November 23, 2023 admin-dominor



Germany's banks must increase provisions for loan losses, as corporate insolvencies and credit risks mount, according to Bundesbank Vice-President Claudia Buch.



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  • Turkey’s central bank hikes interest rate by 500 basis points to 40%, well above expectations
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