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Moody's Says German Landesbanks Rich in Liquidity

Moodys Investors Service said German state-owned Landesbanks were very rich in liquidity as a group and would not need to seek liquidity support either individually or as a group from a regional government.

"We do not believe any Landesbank or particular group of Landesbanks as a whole would need to rely on liquidity support from a regional government," a Moody's analyst told a conference call.