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SPXL 222.70+1.6%Nov 28 4:00 PM EST

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From: Les H2/11/2023 4:48:15 PM
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Eurozone banks braced for liquidity, revenue hit as cheap funding era ends

spglobal.com

The scramble for deposits could begin in June following the closure of the largest of the TLTRO III repayment windows, when more than €1.3 trillion of funds are due to be repaid, said Pablo Manzano, vice president, financial institutions at DBRS Morningstar. The timing of upward pressure on deposit costs is "one of the great questions" for eurozone banks in 2023, said Manzano.
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