- Total assets of credit institutions headquartered in the EU increased year on year by 1.1%, from €32.3 trillion in December 2017 to €32.7 trillion in December 2018.
- The non-performing loans ratio[1] dropped year on year by 0.9 percentage point to 3.2% in December 2018.
[1] Defined as the ratio of non-performing loans to total loans.
The European Central Bank (ECB) has published the Consolidated Banking Data (CBD) with reference to end-December 2018, a data set of the European Union (EU) banking system compiled on a group consolidated basis.
The annual CBD cover relevant information required for the analysis of the EU banking sector, covering a broader set of data than the quarterly release. The end-December 2018 data refer to 374 banking groups and 2,777 stand-alone credit institutions operating in the EU (including foreign subsidiaries and branches), covering nearly 100% of the EU banking sector balance sheet. This dataset includes an extensive range of indicators on profitability and efficiency, balance sheets, liquidity and funding, asset quality, asset encumbrance, capital adequacy and solvency. Aggregates and indicators are published for the full sample of the banking industry.
Large reporters apply International Financial Reporting Standards (IFRS) and the Implementing Technical Standards (ITS) on supervisory reporting of the European Banking Authority (EBA), while some smaller reporters may apply national accounting standards. Accordingly, aggregates and indicators also cover data based on national accounting standards, depending on the availability of the underlying items.
