5 Minute News

Banks' Adjustments to the New Interest Rate Environment

November 17, 2024

Banks are adapting to a lower interest rate environment to maintain stable profitability. Despite a decline in interest income, banks plan to increase lending to offset the losses. Their overall profits are expected to rise, with strategies focusing on reducing operating costs and enhancing other revenue sources. Good liquidity enables them to finance households and businesses without risking an increase in non-performing loans.