To boost the competitiveness of the European banking sector, the European Banking Authority (EBA) believes it is necessary to maintain the level of capital of banking institutions, deepen the internal market and simplify certain regulatory requirements, in its response to a specific European Commission consultation published on Saturday 18 April.
The European Authority notes that EU banks are resilient, with an average CET1 ratio of 15.8% at the end of 2024 (see EUROPE B13693A10),...