Financial Data of European Banks: What Do National Supervisors Want to Share?

4 March 2015, updated 18 June 2015

While European Central Bank started to directly supervise 123 significant banks of the Euroarea countries, there are more than 6,000 banks operating in the European Union left for the supervision by their National Supervisors. This makes transparency of information provided by the National Supervisors about individual banks an important factor contributing to the transparency of the whole European financial system.

Although the National Supervisors of all the 28 members of the European Union publish aggregated financial information about their banking sectors, only 13 provide the financial information about individual banks.

For the rest of the countries, transparency level of the financial information provided by the National Supervisors about individual banks is assessed using the following parameters:

Based on the parameters, the transparency level is assigned to one of the following values:

Transparency Level Assessment Results

Due to the fact that the biggest economies of the European Union (like Germany, France, the United Kingdom and Italy) are among the countries where the national supervisors do not publish the financial information on individual banks, the transparency levels distrbution can be summarized as follows:

The details are shown on the chart below.

Transparency Levels by Consolidated Total Assets

The results of the transparency level assessment for each of the European Union members as well as the most important assessment parameters are summarized in the table below.

If a national supervisor provides the information, the detailed assessment is available when clicking on the country name in the first column or below the table.

Country Transparency Level Coverage Financial Figures Financial Ratios
 Austriahighall banksavailablen/a
 Belgiummediumall banksavailableavailable
 Bulgariahighall banksavailablen/a
 Croatiamediumall banksavailableavailable
 Cyprusn/an/a n/a n/a
 Czech Republiclowmajor banksavailableavailable
 Denmarkhighall domestic banksavailableavailable
 Estoniahighall domestic banksavailableavailable
 Finlandmediumall domestic banksavailablen/a
 Francen/an/a n/a n/a
 Germanyn/an/a n/a n/a
 Greecen/an/a n/a n/a
 Hungarymediumall banksavailablen/a
 Irelandn/an/a n/a n/a
 Italyn/an/a n/a n/a
 Latviamediumall domestic banksavailableavailable
 Lithuaniamediumall banks and credit unionsavailableavailable
 Luxembourgn/an/a n/a n/a
 Maltalowmajor banksavailableavailable
 Netherlandsn/an/a n/a n/a
 Polandlowmajor banksavailableavailable
 Portugaln/an/a n/a n/a
 Romanian/an/a n/a n/a
 Slovakian/an/a n/a n/a
 Slovenian/an/a n/a n/a
 Spainn/an/a n/a n/a
 Swedenn/an/a n/a n/a
 United Kingdomn/an/a n/a n/a

 Austria

National Bank of Austria provides annual financial statemens (balance sheets and income statements) of banks operating in Austria in a standard manner. Classification of the banks into banking categories is available. The statements are available in German.

Coverageall banks
Financial Figuresavailable
Financial Ratiosn/a
Bank Categoriesavailable
Frequency of Publishingannually
Start Year1995
Transparency Levelhigh

 Belgium

National Bank of Belgium publishes annual reports of banks operating in Belgium. Financial figures and financial ratios are included into the annual reports and are calculated by the reporting banks. The documents are available in French and Dutch.

Coverageall banks
Financial Figuresavailable
Financial Ratiosavailable
Bank Categoriesn/a
Frequency of Publishingannually
Start Year1995
Transparency Levelmedium

 Bulgaria

Bulgarian National Bank publishes key financial items of quarterly balance sheets and income statements (including branches of foreign banks). Structure of loans and deposits is also published. Despite a small number of banks operating in Bulgaria, the banks are sub-divided into 3 categories. The documents are available in Bulgarian and English starting from 2004.

Coverageall banks
Financial Figuresavailable
Financial Ratiosn/a
Bank Categoriesavailable
Frequency of Publishingquarterly
Start Year2004
Transparency Levelhigh

 Croatia

Twice a year Croatian National Bank issues a bulletin containing the key figures from balance sheets and income statements of banks operating in Croatia. Capital adequacy ratios and off-balance sheets items are also included. The reports are available in Croatian and English. The first available report dates back to March, 2001.

Coverageall banks
Financial Figuresavailable
Financial Ratiosavailable
Bank Categoriesn/a
Frequency of Publishingsemi-annually
Start Year2001
Transparency Levelmedium

 Czech Republic

Czech National Bank provided access to annual and semi-annual reports of major banks operating in the Czech Republic.

Coveragemajor banks
Financial Figuresavailable
Financial Ratiosavailable
Bank Categoriesn/a
Frequency of Publishingsemi-annually
Transparency Levellow

 Denmark

Danish Financial Supervisory Authority publishes key performance inicators of the banks, operating in Denmark. So-called "Supervisory Diamond" for banks has been elaborated to set up a number of benchmarks to indicate banking activities which initially should be regarded as having a higher risk profile. All the banks are sub-divided into 5 categories. Key items of banks' annual financial reports are also available.

Coverageall domestic banks
Financial Figuresavailable
Financial Ratiosavailable
Bank Categoriesavailable
Frequency of Publishingannually
Start Year2000
Transparency Levelhigh

 Estonia

Estonian Financial Supervision Authority provides access to quarterly financial reports (income statements and balance sheets), financial ratios and structure of loans and deposits of Estonian banks. Branches of foreign banks are not included. The data are available starting from 2008, available in Estonian and English.

Coverageall domestic banks
Financial Figuresavailable
Financial Ratiosavailable
Bank Categoriesavailable
Frequency of Publishingquarterly
Start Year2008
Transparency Levelhigh

 Finland

Finnish Financial Supervisory Authority publishes key financial items of annual balance sheets and income statements of Finnish banks, key financial ratios are also calculated. The data are available starting from 2002, available in Finnish and English.

Coverageall domestic banks
Financial Figuresavailable
Financial Ratiosn/a
Bank Categoriesavailable
Frequency of Publishingannually
Start Year2002
Transparency Levelmedium

 Hungary

Central Bank of Hungary publishes key financial items of annual balance sheets and income statements of banks operating in Hungary. All the banks are sub-divided into several banking categories. The data are available starting from 2005, published in Hungarian and English.

Coverageall banks
Financial Figuresavailable
Financial Ratiosn/a
Bank Categoriesavailable
Frequency of Publishingannually
Start Year2005
Transparency Levelmedium

 Latvia

Financial and Capital Market Commission of Latvia publishes key financial items of quarterly balance sheets and income statements of banks operating in Latvia, key financial ratios are also provided. The data are available starting from 2013, published in Latvian and English.

Coverageall domestic banks
Financial Figuresavailable
Financial Ratiosavailable
Bank Categoriesavailable
Frequency of Publishingquarterly
Start Year2013
Transparency Levelmedium

 Lithuania

Central Bank of Lithuania publishes key financial items of quarterly balance sheets and income statements of banks and credit unions operating in Lithuania, key financial ratios are also provided. The data are available starting from 2013, published in Lithuanian and English.

Coverageall banks and credit unions
Financial Figuresavailable
Financial Ratiosavailable
Bank Categoriesavailable
Frequency of Publishingquarterly
Start Year2013
Transparency Levelmedium

 Malta

Malta Financial Services Authority provided access to annual and reports of major banks operating in Malta. The data are available starting from 2007, published in English.

Coveragemajor banks
Financial Figuresavailable
Financial Ratiosavailable
Bank Categoriesn/a
Frequency of Publishingannually
Start Year2007
Transparency Levellow

 Poland

Polish Financial Supervision Authority publishes key financial items of annual balance sheets and income statements of major banks operating in Poland, key financial ratios are also provided. The data are available starting from 2007, published in Polish and English.

Coveragemajor banks
Financial Figuresavailable
Financial Ratiosavailable
Bank Categoriesn/a
Frequency of Publishingannually
Start Year2007
Transparency Levellow