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Financial Contributions and Bank Fees in the Banking Union

Author

Listed:
  • Orszaghova, Lucia
  • Miskova, Martina

Abstract

The banking union has brought substantial changes to the functioning of the financial sector in the EU, including new bank fees and contributions. This article reviews the different fees and contributions introduced by the new framework, paying particular attention to those imposed at the EU level. The crisis marked a turning point, and the focus is now on breaking the vicious cycle between private banks and public finances by transferring the costs of any future failure to the credit institutions themselves.

Suggested Citation

  • Orszaghova, Lucia & Miskova, Martina, 2015. "Financial Contributions and Bank Fees in the Banking Union," MPRA Paper 64643, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:64643
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    File URL: https://mpra.ub.uni-muenchen.de/64643/1/05_biatec_01_15_Orszaghova.pdf
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    More about this item

    Keywords

    banking union; financial contributions; bank fees;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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