Decisions made in banks play an important role both in monetary policy transmission and in ensuring the necessary financial stability.
Two main issues in particular should be borne in mind, not just by the authorities, but also by the banks themselves: With some banks performing well and some less so, restructuring and consolidation of the sector should continue, restoring a better functioning banking system for Europe. At the same time, competition must be enhanced. In particular, I am thinking about banks’ cross-border activities.