scorecardresearchEurope's banks brace for bumpy ride after cheap money decade

Europe's banks brace for bumpy ride after cheap money decade

Updated: 22 Jul 2022, 12:26 PM IST
TL;DR.
On one hand, higher interest rates are good for banks as they can charge more for loans. But they suffer if customers, struggling with rising prices and borrowing costs, cannot repay.
FILE PHOTO: Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. REUTERS/Wolfgang Rattay/File Photo

FILE PHOTO: Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. REUTERS/Wolfgang Rattay/File Photo