coudnine,You make a valid point about interets rates and bank...

coudnine,

You make a valid point about interets rates and bank margins. The margins came down as a result of two factors, increased competition and decreased risk premiums. I do believe that bank margins will be headed up in the next few years. It is already happening. These will head up to reflect more realistic risk premiums, and probably also increase a bit more if there is no upswing in competition.