Banking in a Steady State of Low Growth and Interest Rates /

A prolonged low-interest-rate environment presents a significant challenge to banks and is likely to entail major changes to their business models over the long-run. Lower returns to maturity transformation in the face of flatter yield curves and an inability to offer deposit rates significantly bel...

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Dettagli Bibliografici
Autore principale: Chen, Qianying
Altri autori: Katagiri, Mitsuru, Surti, Jay
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2018.
Serie:IMF Working Papers; Working Paper ; No. 2018/192
Accesso online:Full text available on IMF