(Updates with quote in second paragraph.)
Oct. 24 (Bloomberg) -- German Deputy Finance Minister Hartmut Koschyk said he’s “confident” that German banks will have ample capital to withstand a worsening of the euro region’s sovereign debt crisis. He answered questions in Berlin after delivering a speech.
“We’re very confident and convinced that the German banks have a sufficient capital buffer in the event of an exacerbation” of the current situation, Koschyk said when asked whether he expects a German bank to seek government aid to boost its capital level.
--Editor: Angela Cullen
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