Financial Institutions: Fortifying the balance sheet
Key takeaways from BCG’s treasury benchmarking survey:
Despite the volatile interest rate environments, progress in balance sheet optimization continues while operational improvements have stalled:
- Banks showing slight decrease in risk appetite, but still room for improvement in balance sheet optimization
- Challenges in fully digitizing operating models due to budget constraints and macro environment distractions
- Importance of steering financial resources highlighted, with need for clearer governance and better data and IT tools
Source: https://www.bcg.com/publications/2024/bcg-treasury-benchmarking-survey-fortifying-the-balance-sheet