Research Discussion Paper – RDP 2023-05 The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data


We would like to thank Anthony Brassil, Meredith Österholm, Linda Goldberg, Mattia Girotti, Viktors Stebunovs, Guillaume Horny, Laurent Clerc, Philippe Billard and participants at the Summer 2021 International Banking Research Network Meeting for their helpful comments and suggestions. The views expressed in this paper are those of the authors and do not necessarily reflect the views of contributing central banks. The authors are solely responsible for any errors.


Reserve Bank of Australia [*]

Swiss National Bank [**]

Banque de France [***]