• ECB Praet: The banking system of the euro area is stronger than before the financial crisis

Market news

4 October 2016

ECB Praet: The banking system of the euro area is stronger than before the financial crisis



  • Eurozone banks are facing serious challenges in regard to profitability

  • further consolidation of banks in the euro zone needed

  • i would like to see more international bank mergers

  • interest rates will remain low for an extended period

  • there is no clear evidence that the profitability of the banks affected by the ECB's measures

  • sustainable drop in shares of banks may restrict lending

  • it is important to monitor the impact of the ECB's measures on banks


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