Negative rates one of many pressures on bank business models, Lautenschläger says
Nouy and Lautenschläger field questions following annual report
The low interest rate environment is one of a handful of pressures on bank business models in Europe, one of the region's top supervisors said today (March 23), suggesting it should not attract undue focus.
Danièle Nouy and Sabine Lautenschläger, chair and vice-chair of the European Central Bank's (ECB) supervisory board, were quizzed on the impact of negative rates during a press conference in Frankfurt.
The ECB's governing council cut its deposit rate to –0.4% this month. Lautenschläger
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- ECB says iPhone is currently incompatible with digital euro
- Supervisors grapple with the smaller bank dilemma
- ‘Do I die, or do I survive?’ Officials reflect on Basel III complexity