CORRECTED-Euro zone banks earn more from lending despite moans over negative rates
Euro zone banks increased
their net interest income in the first nine months of last year,
despite incessant complaints that negative central bank rates
are wiping out their most basic form of income, data from the
European Central Bank showed on Wednesday.
their net interest income in the first nine months of last year,
despite incessant complaints that negative central bank rates
are wiping out their most basic form of income, data from the
European Central Bank showed on Wednesday.
Posted by Reuters
