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Diversity in banking

Diversity in banking



​​​Customers of all kinds need a financial partner that fits 


BRUSSELS, 10 April 2019


The following is an excerpt from the recently released brochure 'Together for a growing and more integrated europe: Savings and retail banks’ drive to help Europeans prosper​'. 

>> Read booklet​​​ | En français​​​​




Savings and retail banks of all sizes and legal forms play an essential role in providing the diversity crucial to maintain the stability of the financial system. Preventing the concentration of economic and financial resources in the hands of the few is paramount to a financial system that serves the greatest possible number of people and businesses.

A pluralistic and diverse banking sector across the EU, composed of banks with their own specific business models, ownership structures and governance arrangements, fuels competition, enhances overall banking system efficiency and helps the system overcome shocks. The manifold structure of the European banking sector now in place encourages banks to compete, improving their process and structures to better adapt. 

A diverse banking sector fosters a European social and economic model that combines economic growth with high living standards and good working conditions. It serves best the different needs of people.​


Diversity