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EU banks see slight decrease of net interest margin, EBA says

( September 20, 2024, 13:30 GMT | Official Statement) -- MLex Summary: EU banks' net margin slightly declined in the second quarter of 2024, according to data published by the EBA in its quarterly Risk Dashboard. The document outlines that volume growth wasn't enough to overcome the negative impact from the net interest margin, which declined slightly on a quarterly basis: 1.68% in Q2 against 1.69% in Q1 2024. Overall, banks’ return on equity remained nearly stable on a yearly basis while loans to households and non-financial corporations slightly increased on the quarter, the document shows. The press release follows. The dashboard is attached. ...

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