Negative Rates: Cost To Europe's Banks Have Risen Ten-Fold Since 2014

How Much Will Negative Rates Cost Europe's Banks?

How much will the ECB’s new negative interest rate policy cost the euro area banks? That’s the question Bank of America Merrill Lynch’s European Banks Strategy research team set out to answer in a note issued to clients last week.

And while the report was published a week before the ECB’s decision, (published 02 March 2016) it still raises some interesting points. For example, when negative rates were first introduced back in late 2014, the annual cost to banks was around €0.2 billion, but . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers


0