Large banks continue to lose market share
Remarkably, large banks continue to lose market share versus smaller
competitors.
Granted, total assets are not a particularly precise measure of
bank size, yet they still provide useful insights: the top European banks’ balance
sheet total was down again in 2017, by 4% yoy. On the other hand, total assets
of the whole EU banking sector were essentially stable last year, benefiting from
a moderate expansion in lending to the private sector (+2%).
Overall, the largest banks have seen their balance sheet shrink by 14.5% since 2011, while
for all EU banks, the decline has been less pronounced at only -7%.
EU Forecast
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