Report
Bruno Cavalier

European credit market tested by negative rates

The banking credit market in the Eurozone offers a curious paradox. On the one hand, there is a focus on the perversity of negative interest rates for both the economy (“Japanisation”) and the banking sector (profitability shock). On the other hand, the volume of loans to the private sector is growing at a good pace, but not excessively, lending standards are accommodative, which is supporting domestic demand. Negative rates undoubtedly represent a risk to financial stability, bu...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Bruno Cavalier

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