State of the Banks

Rapport door KPMG

After a year of managing the challenges of the pandemic, the outlook on the European continent (and beyond) has only become more challenging with the crisis in Ukraine. Our thoughts and hopes are with those who struggle to see a glimpse of normality any
time soon.

In this fourth edition of the State of the Banks analysis (FY21) we offer you a moment of reflection and some perspective on what might lie ahead for Dutch banks. As banks find themselves in a complex and challenging environment, we reflect on the key trends for
the Dutch banking sector.

The crisis in Ukraine, still accommodating monetary policy and low interest rates, pandemic fiscal stimulus packages throughout Europe, increasing climate and environmental related risks and post-pandemic supply chain disruptions dominate boardroom agendas. At the same time, as a result of the pandemic, we have seen banks successfully accelerate the digitalization of their client service models and seen strong financial performance in line with post-pandemic economic recovery.

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