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French retail banks to come under further pressure from mortgage renegotiations

Mar 3, 2017 - SNL European Financials Daily

The retail operations of French banks will keep coming under pressure in the first half of this year from a continuing wave of mortgage renegotiations as borrowers seek to take advantage of low interest rates, according to market experts.

However, it will likely be the last window of opportunity for borrowers as a rise in interest rates is expected over the next few months, while lenders have also come up with ways to offset the impact of low rates, analysts told S&P Global Market Intellig

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