Market Development for Credit Institutions 2021

Credit institutions achieved a significantly better result in 2021 than in 2020 – in line with the years before. The improved result is mainly attributable to low loan impairment charges.

There were also major positive price adjustments and strengthened basic earnings driven by higher fee incomes. The net interest earnings of the credit institutions were also challenged by low interest rates in 2021 and continued the downward trend. However, it was more than offset by rising net fee incomes and commissions. The declining basic earnings observed over several years were thus turned into an increase overall.

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