Banking in a Steady State of Low Growth and Interest Rates is popular PDF and ePub book, written by Qianying Chen in 2018-08-27, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Banking in a Steady State of Low Growth and Interest Rates can be Read Online from any device for your convenience.
Banking in a Steady State of Low Growth and Interest Rates Book PDF Summary
A prolonged low-interest-rate environment presents a significant challenge to banks and is likely to entail major changes to their business models over the long-run. Lower returns to maturity transformation in the face of flatter yield curves and an inability to offer deposit rates significantly below zero combine to compress bank earnings in this environment. Smaller, deposit-funded, less diversified banks are hurt most, increasing consolidation pressures and reach-for-yield incentives, presenting new financial stability challenges.To the extent that such an economic environment reflects a new, steady-state with lower equilibrium growth driven by population aging and slower productivity growth, lower credit demand is likely to drive banking toward provision of fee-based, utility services.
Detail Book of Banking in a Steady State of Low Growth and Interest Rates PDF
- Author : Qianying Chen
- Release : 27 August 2018
- Publisher : International Monetary Fund
- ISBN : 9781484373873
- Genre : Business & Economics
- Total Page : 37 pages
- Language : English
- PDF File Size : 7,8 Mb
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