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...

Description complète

Détails bibliographiques
Auteur principal: Chen, Qianying
Autres auteurs: Katagiri, Mitsuru, Surti, Jay
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2018.
Collection:IMF Working Papers; Working Paper ; No. 2018/192
Accès en ligne:Full text available on IMF