Central Banking

Comment: Dutch banks lose on payments

A recent report by McKinsey, a consulting firm, finds that Dutch banks are losing money on processing payments. Moreover, the report suggests that margins will be under even greater pressure as banks have to implement a plethora of new regulations.

COMMENT BY CENTRALBANKNEWS

The report, which was commissioned by the Dutch Banking Association and the Dutch central bank, finds that in 2005 Dutch banks almost €4 bn in revenue from processing payments traffic, while spending just over €4 bn on doing

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