Are there barriers to competition in the EU retail banking market?
Vajanne, Laura (26.04.2007)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408074824
Findings of a European Commission study show that in the European retail banking market, several barriers to competition exist, which raise retail banking costs to companies and consumers. High profitability of banking, concentrated markets and evidence of entry barriers give reason to suspect that in some EU countries, banks are able maintain a fairly high level of fees charged to consumers and small firms.