ECB: Euro Corporations getting a raw deal from their Banks
According to the latest ECB data published on 01 September 2023 Euro businesses are contributing €’billions to bank profits because their banking arrangements are poorly structured. …
Bank of England: Paltry Returns on Bank Cash Frustrates UK Businesses
UK CFO’s have a bit more to cheer about as the UK banks are paying more for their bank funds. However in many cases the increase in deposit rates will be offset by the increased cost of borrowing. …
Central Bank of Ireland August ’23 Report: the Data Behind Record Bank Profits
Bank of Ireland, self-proclaimed ‘The National Champion Bank’ generated over €1bn in profits in H1 2023. …
Bank of England: Latest Interest Rate Report July 2023
The net interest margins of the UK banks continue to climb almost in step with the base rate increases. …
ECB: Real Cost of Banking for Euro Businesses Continues to Rise
According to the ECB data published on 02 August 2023 Euro businesses are contributing €’billions to bank profits because they haven’t optimised their banking arrangements. …
Bank of England: June Interest Rates Report Commentary
The June statistical release from the Bank of England shows an improvement in the UK banks deposit rates for businesses but this improvement continues to lag the increases in the base rate. …
Poor EU Bank Yields despite Heightened Risk
New EU rules for dealing with bank failures are still not implemented leaving the position of uninsured depositors (bank balances over €100,000) uncertain. …
Friendly Fraud Surpasses Criminal Fraud for Online Merchants
The ECB recently published its annual card fraud report for 2021 which shows CNP fraud at its lowest levels since records began and a 12% reduction on the previous year. …
Bank of England: Companies losing billions to UK Banks
May statistical release from the Bank of England shows the continuing ‘spread’ (net interest margin) cost for companies. …
