The results of this year’s EBA stress test confirm that the German institutions which took part in 2/5  BIS central bankers' speeches  that exercise are more robust to macroeconomic shocks today than they were just a few years ago. To sum up – there can be no doubts as to the solvency and liquidity of the German banking sector. 3.
… but profitability is too feeble by international standards Yet having a stable capital base alone isn’t enough to ensure sustained resilience. Banks need to generate sufficient profits as well. Let’s start by looking at Germany’s major banking multinationals. Compared with their total assets, these institutions have slightly improved their operating income, which is up from 1.31% in 2009 to 1.51% in 2015.