European Banking Sector Outlook For 2024
Banking & Financial Services / Italy / Mon 08 Apr, 2024
Key View
- We forecast that GDP-weighted growth in European banking sector assets will come in at 3.8% y-o-y at end-2024, and 4.8% at end-2025. This compares with estimated growth of 4.8% at end-2023.
- Asset growth will slow in 2024 as the lagged impact of rate hikes continues to filter through to lending activity across the region. Higher