Weak performance of the financial sector

25-04-2018 | STATEC

In 2017, the added value of the financial sector dropped by 3.3%, weighing down the economic growth of the country. This performance is rather disappointing in relation to the confidence in the sector and in the markets, as well the result of the eurozone (-0.2%). Low rates, restructuring and regulatory adaptation continue to hamper the performance of the financial activities.