La concentration du secteur bancaire européen: un problème dont la mesure reste à prendre

Jézabel Couppey-Soubeyran and Théo Nicolas

Revue d'économie financière, 2021, vol. N° 142, issue 2, 179-200

Abstract: The consolidation of the European banking sector could increase again with the health crisis. Its impact on the soundness of the sector and the availability of financing is often discussed, its measurement much less so. However, in this article we draw attention to a problematic aspect of concentration or market power measurements. These are generally based on unconsolidated data, which means that the national market power of groups is ignored. This results in an underestimation that we propose to correct. Our correction, based on SURFI data from the Banque de France, raises the share of assets of the five largest resident banks in the total assets of the French banking sector by about 30 percentage points. This underestimation is not neutral from the point of view of prudential policies: concentration is clearly not the same problem depending on whether it is assessed at 50% or 80%. Classification JEL : D4, G21, G28

JEL-codes: D4 G21 G28 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_142_0179 (application/pdf)
http://www.cairn.info/revue-d-economie-financiere-2021-2-page-179.htm (text/html)
free

Related works:
Working Paper: La concentration du secteur bancaire européen: un problème dont la mesure reste à prendre (2021)
Working Paper: La concentration du secteur bancaire européen: un problème dont la mesure reste à prendre (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:refaef:ecofi_142_0179

Access Statistics for this article

More articles in Revue d'économie financière from Association d'économie financière
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().