Get ready for interest rates to stay low for a longer time, SocGen says

Interest rates that are expected to stay low for a longer time will compress lending profitability at banks, said Philippe Heim, deputy CEO of Societe Generale.French bank Societe Generale's headquarters in Paris.Banks must be prepared for interest rates to remain low for a longer time — which will squeeze profitability for lenders, deputy chief executive ofLow interest rates have been one of the biggest challenges for lenders globally because they limit the amount banks can earn on loans.

Global economies from Europe to the U.S. to Asia are widely expected to keep monetary policy easy: The

Lol have you been in coma for last 10 years

Should be here by next week

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