European Parliamentary Research Service By / September 26, 2014

Cross-border provision of financial services in the Euro-Area (assets, in % of the total)

Source: Authors’ elaboration on ECB

Cross-border provision of financial services in the Euro-Area (assets, in % of the total)

In wholesale banking the crisis played a fundamental role in disrupting what achieved
since the (virtual) introduction of the Euro. Indeed, cross-border inter-banking loans
activities were the 23% of the total in 1999.
The paths highlighted by Figure 6 points towards a radical reversal in the integration
process due to the crisis.


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