And, please remember, regulations are not only for the public sector banks but are equally applicable for private banks, foreign banks, cooperative banks, etc. We want everybody to follow the instructions and provide universal access to basic banking services.
Domestic demand has remained weak. Only exports have contributed to growth. In the first half of the year, exports grew by 6.2%, while imports grew by 3.7%. This is in part also due to Germany’s ability to engage in highly competitive pricing. It is therefore likely that German enterprises will continue to benefit from strong growth in their export markets.