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BRIEF-Moody's maintains stable outlook on Germany's banking system
October 5, 2016 / 5:40 AM / a year ago

BRIEF-Moody's maintains stable outlook on Germany's banking system

Oct 5 (Reuters) - Moody‘s:

* Moody’s maintains stable outlook on germany’s banking system amid resilient operating environment

* Persistent earnings pressure will remain a challenge for german banks, mainly driven by the banks’ high cost base

* Expects german real gdp to grow 1.7% in 2016 and 1.5% in 2017, broadly in line with 1.7% in 2015; unemployment will remain low below 5% Source text - bit.ly/2cS25si

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