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

Jézabel Couppey-Soubeyran and Théo Nicolas
Additional contact information
Théo Nicolas: ACPR - Autorité de Contrôle Prudentiel et de Résolution - Autorité de Contrôle Prudentiel et de Résolution

Post-Print from HAL

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%.

Date: 2021-06
References: Add references at CitEc
Citations:

Published in Revue d'économie financière, 2021, 142 (2), pp.179-200. ⟨10.3917/ecofi.142.0179⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: 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:hal:journl:hal-03968654

DOI: 10.3917/ecofi.142.0179

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().