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Germany’s banks’ credit lines to the country’s companies remain increasingly untapped, as the healthy state of the German economy means firms rely on cash flow rather than credit facilities, the BdB Association of German banks said in an e-mailed statement today.
To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net
To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net