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The prospect of interest rate normalisation is positive for banks as it increases interest margins and can help profitability, says Supervisory Board Chair Andrea Enria. It can also have a negative impact on credit quality, but should be positive overall https://www.bankingsupervision.europa.eu/press/interviews/date/2022/html/ssm.in220518~f7c97446ed.en.html?utm_source=ecb_Twitter&utm_campaign=220518_speech_AE
