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Saving during the corona crisis: Cash is king

June 17, 2020
Region:
Analyst:
German households saved surprisingly little money during Q1; their bank deposits were only up by EUR 5.8 bn. In the lockdown month of March, deposits even declined by EUR 11.1 bn, as households withdrew a lot of cash due to the uncertain situation. During the current quarter, however, households will probably build up deposits substantially in order to prepare for potential income losses. By contrast, retail loans continued to increase strongly in Q1 and may cool down only in the medium term. [more]

More documents contained in "Talking Point"

150 (61-72)
November 8, 2016
Region:
65
It was obvious that the Chinese government was not amused when, in light of the ever-expanding list of German technology companies being bought up by Chinese investors, the German Minister of Economic Affairs Sigmar Gabriel spoke of the lack of reciprocation in Chinese investment conditions for German companies. [more]
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