Banks Crisis: The German multinational bank, Deutsche Bank AG on Friday sent another shockwave in the traditional trading market when its shares price registered a decline of around 13%. However, Deutsche Bank AG’s (ETR: DBK) share price now stands at $9.16. This decline led to triggered panic mode among investors as the industry recently witnessed the collapse of several banks in a similar manner.
Deutsche Bank Liquidity Strong?
The analysts seem to be confused for now as the Deutsche Bank has been posting profits for 10 consecutive quarters and holds strong capital that can be in danger. However, it can be termed that the bank might be the next target of the ongoing trend in the market.
At this point, market participants should look for the liquidity report of a bank they have invested in. This will lead them to check whether the bank will be able to pay all of their obligations when they land into trouble.
According to the Deutsche Bank’s recent disclosures, the institution’s liquidity Coverage Ration stood at 135% at the end of December 2022. Stats depicts that it is much more than the minimum requirement of 100%, while the bank holds enough liquid assets that can cover net cash outflows if required.
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Source: https://coingape.com/deutsche-bank-facing-liquidity-risk-like-credit-suisse-crypto-bitcoin-news/