The slight increase in sector concentration observed up until 2014 has since even given way to a gentle decline. Further details can be found in ECB (2017), Financial integration in Europe, Special feature: cross-border bank consolidation in the euro area. 12 See European Central Bank (2017), Financial integration in Europe, pp 50–51. 9/9  BIS central bankers' speeches
Fourth, banks have been urged to reduce fees and cut profits. Measures have been taken to regulate the collection of fees in the course of credit granting, assistance for loan acquisition, credit enhancement and appraisal, and to urge the banks to implement policies on reducing fees and cutting profits and take the initiative in easing the burden on the real economy.