Simplification
We are working to make banking supervision more efficient, effective and risk-focused, without compromising on resilience.
Simplification and integration are two sides of the same coin, which is the competitiveness agenda, says Supervisory Board Vice-Chair Frank Elderson. That is why it is crucial that the European Commission's banking reform package keeps both sides together.
Read Frank Elderson’s interviewIFRS 18 introduces a new structure for the presentation of profit and loss. It will come into effect on 1 January 2027 and is expected to apply from the end of September 2027. During the transition period, banks can choose to report under either IFRS 18 or the old IAS 1 standard.
Read the press releaseThere is further scope to strengthen proportionality within the existing prudential framework, writes Supervisory Board Vice-Chair Frank Elderson. More proportionate supervision can help smaller banks focus resources on customers, competitiveness and efficiency.
Read Frank Elderson’s blog post| Significant institutions (01/09/2026) | 109 | |
| Total assets (€ bn) | 29,468.59 | |
| Total equity (€ bn) | 2,006.84 | |
| Return on equity (%, annualised) |
10.73 |