Transcription of EBF Facts & Figures 2016
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EBF Facts & Figures 2016
EBF Facts & Figures 2016 The data contained in this publication has been compiled from publicly available information released by the European Central Bank, European Commission, Eurostat, the European Banking Authority, national competent authorities and members of the European Banking Federation 2 | P a g e Introduction 3 | P a g e Chapter 1 Economy, balance sheet and profitability The EU economy The European economy is slowly but steadily working its way out of the crises. In 2015 the EU economy expanded by or more than international partners such as Canada ( ) and Japan ( ) but at a rate slightly below that of the United States ( ) and Australia ( ). The positive development continued into 2016 where a growth rate in the first quarter of the year brought the 19-country economy slightly above its pre-crisis peak. This also marked, for the first time since 2011, a better economic performance by the euro area than that of the European Union (EU-28).
EBF Facts & Figures 2016 The data contained in this publication has been compiled from publicly available information released by the European Central Bank, European Commission, Eurostat, the European Banking Authority,
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