€474.8 million is the amount set by the European Central Bank (ECB) for its prudential supervisory fees for the banking sector in 2018, the monetary institution announced on Monday 30 April - an estimate higher than the one decided upon for 2017, which stood at €425 million.
The ECB also justifies this increase due to the costs associated with its involvement in the biannual stress tests carried out by the European Banking Authority in 2018 on large banks, but also the cost of the...