Downsizing and consolidation continues to be the trend in the EU banking sector

The consolidation process that began in the 1990s is still producing downsizing in the European Union, according to a report published by the European Central Bank. The report, prepared by the banking supervision committee of the European System of Central Banks (ECSB), reviewed the main structural developments in the EU from 2005 to the middle of 2006.

Domestic consolidation and concentration levels continued to rise throughout 2005, as did cross-border mergers and acquisitions in both the

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