In-depth analysis on Credit Writedowns Pro. You are here: Financial Institutions » Low interest rates and banks’ net interest margins By Stijn Claessens, Nicholas Coleman, Michael Donnelly, 18 May 2016 This post was first published at Vox Since the Global Crisis, interest rates in many advanced economies have been low and, in many cases, are expected to remain low for some time. Low interest rates help economies recover and can enhance banks’ balance sheets and...
Read More »The coming Greek bank nationalization, bail-in and privatization
In-depth analysis on Credit Writedowns Pro. By Frances Coppola The banks are re-opening, though just for transactions, so people can pay their bills and their taxes, pay in cheques, that kind of thing. The cash withdrawal limit has been changed to a weekly limit of 420 EUR per card per person, enabling households to manage their cash flow better. But the capital controls remain: money cannot leave the country without the agreement of the Finance Ministry. And the banks remain short of...
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