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Banking in Germany

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Banking in Germany is a hignly leveraged industry, as its average leverage ratio (assets divided by net worth) as of 11 October 2008 is 52 to 1 (while, for comparison, that of France is 28 to 1 and that of United Kingdom is 24 to 1); its short-term liabilities are equal to 60% of the German GDP or 167% of its national debt..[1]

References

  1. ^ http://www.nytimes.com/2008/10/11/business/worldbusiness/11charts.html?_r=1&partner=rssnyt&emc=rss&referer=sphere_related_content&referer=sphere_related_content&oref=slogin
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