The range warns of a “moderate decline” in Spanish banking in 2024

<span class="ue-c-article__media-description"></p> <p> Marco Troiano, head of financial institutions at Domain ratings.<br /> </span><span class="ue-c-article__media-source"><span class="ue-c-article__media-author">Peter hemsell </span><span class="ue-c-article__media-agency">Expansion</span></span>

The Spanish banking sector may have reached its maximum peak of profitability in 2023 and is facing a “moderate decline” in 2024, according to the forecasts of the credit rating agency Scope.

The Spanish banks They reached their maximum profitability in 2023 thanks to the growth of the interest margin caused by raising interest rates and containing both provisions and costs. This is estimated by analysts from

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About the Author: Muhammad Idham