Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

ECB Set to Directly Supervise 80% of Euro-Area Banking Assets

The European Central Bank is set to directly supervise about 150 banks, accounting for approximately 80 percent of the euro area’s banking assets, according to tentative estimates given by a European Union official.

The percentage of banking assets subject to direct ECB supervision will be highest in nations with highly concentrated banking industries such as the Netherlands, said the official who isn’t authorized to be identified, in line with EU policy.

The ECB will take on bank oversight duties by March 2014, or whenever the central bank says it is ready, under an accord reached by finance ministers last week.

The final figures on banks that will face direct ECB oversight will need to be calculated by the Frankfurt-based bank, the official said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.