The number of credit institutions with headquarters in the EU has continued to decrease from 3,277 end of 2015 to 3,167 at the end of 2016 according to the Consolidated Banking Data (CBD). Meanwhile also the total assets of these institutions decreased slightly from € 33,798 bn to € 33,410 bn. This decrease was driven by non-euro area countries.
The CBD is an aggregate data set of the EU banking system on a group consolidated basis. It includes statistics on individual EU Member States and on the European Union and Euro Area as a whole. The end-2016 data refer to 349 banking groups together with 3,103 stand-alone credit institutions, and include data for 946 foreign-controlled branches and subsidiaries operating in the EU, covering nearly 100% of the EU banking sector balance sheet. This dataset includes an extensive range of indicators on profitability and efficiency, balance sheets, liquidity and funding, asset encumbrance, non-performing loans developments and capital adequacy and solvency.