Have found shortage of a half of the equity in Deutsche Bank

The European bank system lives exists in the mode of deficit of an equity which it will become obvious in case of crisis: banks will not have enough money to cover losses. Experts of the German research institute of ZEW following the results of independent stress testing of 50 leading credit institutions of the EU have come to such conclusion.

Cumulative capital deficit of European Banks reaches 123 billion euros that GDP of such countries as Slovakia there is more, Slovenia, Lithuania or Ukraine, ZEW has reported.

The leader in the size of potential "hole" is Deutsche Bank. The largest bank of Germany involved in transactions with derivatives on the amount four times exceeding GDP of the eurozone, lacks nearly a half of the equity. It shall be capitalized for 19 billion euros that above the current market capitalization constituting 17 billion euros. 

"If it is short, banks just will lack money in case of crisis", - the head of the Max Planck Institute in Leipzig Martin Helvig explains.

According to him, the most reasonable exit - nationalization of Deutsche Bank as institute incapable of a further independent business activity.

"To make private bank public property not just perhaps, and it is necessary. If the bank is not able to help itself, the state shall enter its equity and perform the corresponding functions of control", - says Helvig.

"There is an example of Sweden of the 1992nd year: the state has interfered with a situation in the banking sector, has filtered unprofitable elements and left stable credit institutes", - he reminds.

Following the results of the first quarter 2016 the profit of Deutsche Bank has dropped by 98%. Indicators in all key spheres have worsened: revenue from transactions in the debt market has failed for 19% (whereas the American competitors have reported on growth by 20% and more), stock trading was reduced by 28%.

Since the beginning of year capitalization of bank has dropped by 46%, in a year - three times, and his investors became poorer for 30 billion euros.