Europe’s banks experience first outcomes of their transformation programs

November 2022

The European banking market is on the upswing, and the transformation programs for greater efficiency are having an impact. In addition, successes in adapting business models to reduce dependence on the interest business are becoming increasingly visible.

The CIR is at its lowest level since 2013, RoE is showing a significant increase to pre-crisis levels after a low point in the Corona year, and EBT has also more than doubled.

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