Share the article
twitter-iconcopy-link-iconprint-icon
share-icon

EU banks’ profitability outlook has deteriorated, say authorities

High net interest margins may not be sustainable amid lower interest rates and as banks face repricing pressure
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
EU banks’ profitability outlook has deteriorated, say authoritiesImage: Benjamin Girette/Bloomberg

The European banking industry faces a deteriorating outlook for asset quality and profitability, real estate vulnerabilities and “more aggressive” cyber threats, according to the three European Supervisory Authorities in their Spring 2024 Joint Committee risk assessment.

The European Banking Authority, the European Insurance and Occupational Pensions Authority, and the European Securities and Markets Authority presented the findings on April 30.

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial