The market share of EU subsidiaries of third country banking groups remains stable at 9.8% of total assets
The European Banking Authority (EBA) today published two Reports on the market share of subsidiaries of non-EU banks in the EU, as well as on EU banks’ assets and liabilities in foreign currencies. The market share of EU subsidiaries of third country banking groups amounts to 9.8% of total assets as of December 2023 (down from 10.17% a year earlier). The Report indicates that EU/EEA banks currently hold nearly 32% of their exposures in foreign currencies and receive 21.1% of their total funding in foreign currencies. This marks an upward trend since December 2023.