Financial services firms play a key role in the European economy. The efficiency and profitability of these firms and the competition among them have an impact on allocation of savings, financing of investment, economic growth, the stability of the financial system and the transmission of...

EU-wide action in the financial sector ensures a resilient financial services industry, enabling citizens and businesses to save, insure against risks and invest in our collective future. This publication is a part of a series that explains what the EU does in different policy areas, why the EU...

The goal of this study is to identify empirically how country-level development, taking into account the financial and macroeconomic environment, affect the risk profiles of the banking sector in Europe. Through a dataset that covers 3,399 European banks spanning the period 1996-2011, and the...