BERLIN (Reuters) – Germany ought to make provisions to make sure banks have ample capital in case of a wave of bankruptcies in Europe’s largest financial system attributable to the coronavirus disaster, a senior OECD economist stated on Wednesday. “The German corporate sector is very heavily financed through bank loans,” OECD economist Isabell Koske stated in an interview. “Banks are therefore at greater risk of not seeing their loans again in the event of a wave of bankruptcies,” Koske stated, including that German banks typically had comparatively low returns and had been weakly capitalised. The OECD stated on Wednesday that the worldwide financial system will endure the most important peace-time downturn in a century earlier than it emerges subsequent 12 months from a coronavirus-inflicted recession. Reporting by Rene Wagner; Writing by Michael Nienaber; Modifying by Michelle MartinOur Requirements:The Thomson Reuters Belief Rules.