Delinquencies, charge-offs rose in Q4 as financial stress intensified
Robust consumer spending is fuelled by credit growth, report says
Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say
Declining net interest income and rising credit stress to weigh on results in 2024
Lagging effect of higher rates likely to bite this year, report says
While most retirees believe they are in a financially strong position, about 15% describe their financial position as "poor"
Higher capital levels would give the banks a bigger cushion, given the weaker economic outlook, report says
CSA publishes systemic risk survey summary
Expectations for economic and income growth were lower in an ECB survey
Revenues were down slightly in Q4, while expenses and loan provisions were up