EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming
EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming
- EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming
13 July 2023
The European Banking Authority (EBA) today published its Q1 2023 quarterly Risk Dashboard (RDB). - Banks’ profitability continued to increase, and their capital, funding and liquidity ratios remain strong.
- Bank debt issuance has resumed after a temporary halt due to the Silicon Valley Bank (SVB) and Credit Suisse (CS) induced turmoil.
- - The uncertain economic outlook has resulted in lower consumer and business confidence as well as reduced risk appetite among banks.