Axel A Weber: Global imbalances – causes and challenges Introductory remarks by Professor Axel A Weber, President of the Deutsche Bundesbank, at the international conference “20 Years of Technical Central Bank Cooperation”, Eltville, Hesse, 28 October 2010. * 1.
Financial sector The latest quarterly data available is for September 2014 and this indicates that the banking system is financially very sound and well capitalized. Asset quality has improved. The NonPerforming loan ratio has declined from 6.2 percent of the loans in March 2014 to 5.3 percent of the loans in September 2014.