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Bank Profits Hit by Very Low Interest Rates: Pro

Tue 31 Jul 12 | 11:15 AM ET
"I think it is very encouraging that the banks are still posting profits because it means that the book values will go up, that the equity base is building up and most of the banks are not priced for them to make profits, so I think we are looking for a positive earnings round in this respect," Dirk Becker is head of banking sector research at Kepler Capital Markets, told CNBC.
 
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