McKinsey & Company: Banks' net revenues in Romania, by risk cost, could fall by almost 58 billion lei
Publicat:Romanian banks could see a decrease of about 58 billion lei in net revenues after the cost of risk, until 2025, compared to the revenues expected before the pandemic, due to risk costs and lower volumes, reveal the data of the latest McKinsey & Company analysis, sent to AGERPRES on Wednesday.
Banks could face two stages of challenges in the coming months and years, according to the McKinsey Global Banking Annual Report, published in December 2020. As a first step, losses on non-performing loans are expected to peak in the short term - until the end of 2021. Subsequently, amid a slow…
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