The results of the stress tests indicate that European banks have stronger capital positions and are more resilient to shocks than two years ago.
The Polish banking sector is feeling the pressure of rising personnel costs and costs related to IT investments. Burdens are growing while the rate of return on equity declines, thus the consolidation of the sector may...
Open banking, which allows customers to freely choose their financial service providers, constitutes a serious challenge for the banks which could easily lead them to squander their opportunities.
The decision of the FTSE Russell agency to reclassify Poland as a developed market strengthens the Warsaw Stock Exchange, although this does not mean that it will be beneficial for the individual companies.
A European Central Bank representative claims that banks are not doing enough to replace the currently quoted market rates, such as EURIBOR or EONIA, with more reliable benchmarks.
European banks are the main source of a global systemic risk – claims Professor Plutarchos Sakellaris from the Athens University of Economics and Business.
The market risk for the European banking sector–associated with growing volatility, potential liquidity shortages and the possibility of drops in asset prices–increased at the turn of the year and is currently at a high...
Just a year ago, bankers were looking at the future with concern. The improvement of the economic situation provides an opportunity for the banks to rebuild their profitability.
With a delay of almost a year, the Basel Committee on Banking Supervision (BCBS) finally issued the last part of regulations aimed at completing the reform of prudential rules initiated after the outbreak of the global crisis.
The European Banking Authority has announced the launch of stress tests of the banking sector in the European Union. The exercise will involve 48 banks, including PKO BP and Pekao SA from Poland.