58–90; and Hirtle, B., Kovner, A. and Plosser, M. (2019), “The Impact of Supervision on Bank Performance”, Staff Reports, No 768, Federal Reserve Bank of New York. 4 See also Enria, A. (2018), “What have we learnt from EU-wide stress tests”, speech delivered at the Banca  Naţională a României, 15 November.
A number of countries in the euro area, including Germany, are sometimes designated as “overbanked” or “overbranched”.