After more than five years of abnormally low, even negative, interest rate levels in the case of the 12-month EURIBOR, the fact that rates have turned positive and look likely to stay there on a structural basis foreshadows a clearcut improvement in the banking sector’s net interest income. Ángel Berges, Marta Alberni y María Rodríguez, vice president and consultants at Afi, explained it in SEFO (Funcas).

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