Sponsored Content | Caixabank

The European banking sector is facing three key challenges: a prolonged period of negative interest rates, the pace and scale of the digital transformation of the sector, and increased competition from established and new entrants.

The CEO of one of the world’s largest banks said recently that institutions “risk losing their licence to operate”, if they fail to make green finance a priority. At a recent annual general meeting of another global bank, there were many questions about sustainability, leaving little time for discussion of more traditional financial matters. Momentum has been building for years, but now sustainable banking is coming of age.