3 Foreign Bank Stocks Primed for Untapped Growth in 2024 | Entrepreneur
Briefly

Amid the banks' efforts to streamline their structures, honing in on core operations - there are projections of higher costs in the short term, inflicting some degree of impact on immediate bottom-line growth.
Although these higher rates typically favor banks, they can also limit loan growth by inflating borrowing and deposit costs. That said, anticipated reductions could stimulate demand for goods and services, thereby catalyzing an increase in bank lending.
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