European Commission launches consultation/call for evidence on competitiveness of EU banking sector
date: 12/02/2026
European Commission launches consultation/call for evidence on competitiveness of EU banking sector
On 11 February 2026, the European Commission launched a targeted consultation and a call for evidence on the competitiveness of the EU banking sector.
The aim of the initiative is to gather input on how EU banks perform domestically and globally, how they support the financing of the European economy, how to further deepen the Single Market and the Banking Union and how to simplify and improve the effectiveness of the regulatory and supervisory framework. Stakeholders’ feedback will be used in the Commission’s 2026 report on the competitiveness of the EU banking sector, which is part of the Savings and Investment Union (SIU) strategy. The report, scheduled for Q3 2026, will provide an assessment of the situation of the banking system in the Single Market and set out a positive and forward-looking reform agenda for the banking sector.
The Commission hopes to hear from all stakeholders, including banks, financial institutions, public authorities, consumer and investor organisations, social partners, companies using banking services, academics and interested citizens.