Commission outlines measures to strengthen Europe's banking sector and support growth
Date: 17/07/2026
Commission outlines measures to strengthen Europe's banking sector and support growth
The European Commission adopted, on 17 July, a Communication on the competitiveness of the EU banking sector, setting out measures to strengthen the Single Market for banking.
“Getting capital flowing is how we will get Europe growing,” said President of the European Commission Ursula von der Leyen. “Our savings and investments union needs a strong, competitive banking sector at its heart. And today's Communication takes a clear step in this direction, recalibrating our approach to risk, and enabling growth and innovation while maintaining financial stability.”
The objective is to build a more integrated, efficient, and competitive banking sector that can strengthen Europe's economy by financing growth, innovation, and strategic priorities, underpinned by a better-balanced regulatory framework, creating the conditions for banks to take prudent risks while safeguarding the sector's resilience, delivering better services to households and businesses, all while preserving financial stability and fostering sustainable growth.
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