“Deutsche Bank is a very profitable bank and there is no reason to worry about its future,” said the German Chancellor. Olaf Soltza few hours after the recorded “fall” of Deutsche Bank shares.

According to Soltz, Deutsche Bank has “significantly upgraded its investment model” and is a bank that has no cause for concern.

It is recalled that the German giant Deutsche Bank fell for the third day, falling more than 11 percent after a jump in the cost of insuring its bonds against the risk of default.

Its shares have lost a fifth of their value since the beginning of the month, and its CDS (premiums against default risk) posted its biggest daily gain on record yesterday, according to data from Refinitiv.

At the same time, stocks on international markets came under pressure, and the departure of investors to the so-called safe havens supported government bonds.

For his part, the President of the European Central Bank (ECB) Christine Lagarde today reassured EU leaders of the stability of the eurozone banking system. who met in Brussels as fears of a new financial crisis caused markets to fall today.

“The eurozone banking sector is resilient because it is in a stable position in terms of capital and liquidity,” Lagarde told EU leaders, according to a European official.

According to Reuters and APE-MPE.