But if you had two or three Deutsche Banks, wouldn’t that be far too much for the euro area? You can have large banks in small countries, if supervision and resolution are completely European. We are not there yet and we still have to complete the banking union in full. The whole euro area is a fragile balance.
Financial institutions, while examining borrowers' creditworthiness and past business relations with them, have been attentive to these funding needs. In addition, an increasing number of financial institutions are utilizing the emergency guarantee scheme introduced by the government to provide lending to small firms with growing funding needs due to deterioration in their business conditions.