TAG: Non-performing loans
Italian banks brace for an uncertain future after a bumper year
One of Europe’s most anxiously watched financial centers is about to find out that what goes up must come down.Italy’s banks have had a bumper run, returning to rude health a decade after nearly collapsing under a mountain of debt and almost bringing the...
6 months ago
Further rate cuts likely but beware of geopolitics, Cypriot bank chief says
The new governor of Cyprus’ central bank sees few obstacles to further rate reductions this year — as long as geopolitics don’t get in the way.“The inflation rate has been declining so monetary policy is being successful, and if the projections of the [Eu...
1 month ago