The implementation of structural reforms will serve as the basis for more solid economic growth in the medium term. Structural reforms that were implemented will enhance productivity thereby allowing the economy to grow to a higher level. This higher growth and improved structure in turn will enhance employment and prevent the economy from the middleincome trap.
There are large banks that operate on the global stage and small ones that focus on domestic business; there are banks which are profitable and there are banks which have not earned their cost of capital for several years now. All these banks face similar challenges. First, they have to deal with geopolitical risks, that is, with higher uncertainty.