So the fact that increasing credit risks have not yet filtered through to loan loss allowances definitely does not constitute an allclear signal. Seite 13 von 18 Deutsche Bundesbank, Directorate General Communications Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany, Tel. : +49 (0)69 9566 33511, Fax: +49 (0)69 9566 33077 presse@bundesbank.de, www.bundesbank.de Reproduction permitted only if source is stated.
Chart 12  Furthermore, banks’ capital ratios have fallen slightly since the middle of last year. There are two reasons behind this: the continued fairly dynamic increase in loans and write-downs on securities, which have already taken place. The tier 1 capital ratios of savings banks and credit cooperatives and of large, systemically important banks have fallen by around one percentage point (chart 12).