German, Dutch banks 'well-prepared' for Greek financial ructions

"We are very well-prepared because we've been anticipating a situation like this for a long time," said a spokesman for Germany's second biggest lender, Commerzbank (CBKG.DE). The Athens stock exchange will also be closed on Monday as the government tries to manage the financial fallout of the disagreement with the European Union and the International Monetary Fund. Germany's biggest lender, Deutsche Bank (DBKGn.DE), said it felt well-prepared and was keeping a close eye on developments.

German, Dutch banks 'well-prepared' for Greek financial ructions source: http://finance.yahoo.com/news/german-dutch-banks-well-prepared-211020312.html