FRANKFURT (dpa-AFX) - Financial regulator Bafin is relaxed about the German banking market following the collapse of California's Silicon Valley Bank and the emergency takeover of Credit Suisse. "We are already quite relaxed," even if there is "a real nervousness in the market," said the top banking supervisor of the Federal Financial Supervisory Authority (Bafin), Raimund Röseler, at a "Handelsblatt" meeting in Frankfurt on Tuesday.

He said Silicon Valley Bank had "a super-specialized business model" with its focus on financing startups. Credit Suisse, Röseler said, was a bank "that has been loss-making for decades, that has not gotten to grips with the problems." "We definitely don't have cases like that in the German banking market," Röseler stressed.

"Of course we have problems in some German banks, but we don't have a problem in the banking sector," Röseler said. He said he "quite honestly does not see the danger of a systemic crisis or that what has happened there now would grow into a systemic crisis here."/ben/DP/stk