Expectations are for a sounder and gradually more profitable European banking industry. This is also borne out by the market’s assessment of the outlook for banks. The completion of the regulatory reforms will dispel the uncertainty that is still preventing the market from fully perceiving the benefits of the reduction of excessive risks in banks’ balance sheets.
The NBS hopes that banks shall also confirm in practice their professed readiness to ensure that the total effect of this measure be felt by the end-users, that is, savings depositors.