It is also up to banks themselves to adjust their business models to maintain their profitability in the changing environment. On resource allocation Although the low interest rates are supporting the real economy, there is one potential caveat to keep an eye on. The low rates may interfere with efficient reallocation of resources, which is often referred to as evergreening.
In particular, the year-on-year rate of increase in hourly scheduled cash earnings of part-time employees has seen a clear improvement, being in the range of 2.02.5 percent of late.