IIF Welcomes EU Report on Banking Competitiveness
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European Commission communication on competitiveness in single banking market
On 17 July 2026, the European Commission (the Commission) adopted a communication on strengthening the competitiveness of the EU banking sector.BackgroundThe Commission emphasises that it considers that a competitive banking sector is essential to finance growth, innovation, strategic autonomy and the EU’s major investment needs and sets out that this communication is linked to the Savings and Investments Union (SIU), the Competitiveness Compass…
Last Friday, the European Commission took a fundamental step to strengthen the competitiveness of the European banking sector. In its communication, it sets out new principles that...
IIF Welcomes EU Report on Banking Competitiveness
The Institute of International Finance (IIF) welcomed the European Commission’s report on strengthening the competitiveness of the European banking sector and advancing a more integrated Single Market for banking and financial services. Banks in Europe play a central role in financing households and businesses, supporting innovation, and mobilizing the investment needed to meet the EU’s economic and strategic priorities. The IIF welcomes the Com…
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