Liability-sensitive banks saw their funding costs fall faster than loan and investment yields, and more than half of all banks had a wider net interest margin in the first quarter of 2002 than in 2001. However, lower interest rates will begin to narrow net interest margins for some institutions.
The decision on whether to classify a sector as carbon-intensive or not was based on its participation in the EU (European Union) Emissions Trading System. See Deutsche Bundesbank (2023). 22. See Deutsche Bundesbank (2021). 23. The survey we completed in March asked banks how far they had got with implementing the BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) Guidance Notice on Dealing with Sustainability Risks.