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Highly contrasted banking performance
13-02-2020 | STATEC

Since 2016, banks have to adapt themselves to very low interest rates that limit their income from loans, to stock markets agitated by rising global economic and political uncertainties and to the requirements of new European regulations. Faced with these challenges, each type of bank has a different strategy leading to very contrasting results. Thanks to the increase in granted loan volumes, the retail banks and the depositaries of collective investment schemes have managed, unlike other banks, to increase significantly their interest margin (resp. + 47% and + 87% between 2015 and 2018). In addition, the good performance of investment funds in Luxembourg has enabled depositary banks to increase their net commissions by 18%.