Adaptation To Fintechs Competition And Climate Change, Challenges Facing European Banks

10:46 - 09 Δεκεμβρίου 2021

GoldNews

The adaptation to competition by financial technology companies in an environment of low profitability and risks associated with climate change are the challenges facing the eurozone banking system, Constantinos Herodotou, the Cyprus Central Bank Governor and ECB Governing Council member and Luis de Guindos, the ECB Vice President told a banking conference held in Nicosia.

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