European banks 2020 outlook changes to negative from stable
December 11, 2019 (5.35 mins)
Carola Schuler, Carolyn Henson
Carola Schuler from the European Banking team discusses the factors behind our negative sector outlook, with weakening economic prospects across most of the region set to result in deteriorating loan quality and profitability. In particular, the deteriorating business climate for banks in the euro area’s larger economies, such as the UK and Germany.
Banks – Europe: 2020 outlook changes to negative from stable
Our outlook for the region is now negative, reflecting weakening economic prospects across most of the region, which will lead to deteriorating loan quality and profitability for banks.