It goes without saying that each central bank  3/6  must decide on this issue for itself and that the question as to whether it is better for cash processing to be organised publically or to what extent private responsibility is to be preferred cannot be answered by a simple “yes” or “no”.
A simple measure of this, referring to the banking activity performed within the EU and based on 2005 data, shows that only 16 banking groups out of 46 hold at least 25% of their EU assets outside their home country and are present in at least 25% (i.e. six) of the other 24 EU countries.