The MBA has again contributed to the latest edition of the European Banking Federation’s annual update on the banking sector in Europe entitled Banking in Europe: Facts & Figures, published on the 3rd December 2020. The publication shows that the contraction in the European banking sector, both in terms of staff numbers and branches, continued in 2019 as banking customers have continuously, widely and enthusiastically, adopted electronic payments as well as online and mobile banking. This year’s report also explores the Covid-19 impact on the banking sector. A coordinated response from the EU authorities has successfully mitigated the surge in market volatility after the outbreak. Monetary policy drive, supervisory flexibility, regulatory fixes along with significant support from the Recovery Fund, continued to sustain the European economy throughout the pandemic. Banks are part of the solution, maintaining and enhancing the level of lending to the European economy.
Banking in Europe: EBF Facts & Figures is a multi-faceted digital resource with key data about banking in Europe providing readers with a unique perspective on, and deeper understanding of, the statistics and trends in European banking on a year-over-year comparison. It also includes data on the structure and performance of the banking sector, trends in lending and deposits, among other topics. The data is based on publicly available information from the European Central Bank, the European Banking Authority, the Eurostat, national central banks and the EBF and its members. The publication is available online via the EBF website and can be found at https://www.ebf.eu/facts-and-figures/.
In addition to the public data, Banking in Europe includes comprehensive national bank sector data provided through all 32 national banking associations that are members of the EBF and for this year’s edition also includes descriptions of national banking sectors by a number of EBF Associate members.
The national data can be accessed via an interactive map of Europe at https://www.ebf.eu/facts-and-figures/country-by-country-overview/.