The European Banks

Time 2020-10-16 10:11:40

Web Name: The European Banks

WebSite: http://thebanks.eu

ID:83936

Keywords:

The,European,Banks,

Description:

TheBanks.eu delivers a unique bank directory, containingprofiles of more than 9,000 banks operating in European countriesand their selected dependent territories. The directory provides acomprehensive view and in-depth analysis covering variousaspects of banks and banking and thus serving the needs of various customer groups.At the very top level the banks are grouped by countryBank Lists by Country include bank business focus, customer ratings, total assetsBank Search allows a bank using a part of its name or BIC code,or a country nameBank Search Results include bank name, country, bank business focus, BICCustomized reports on banks and EMIs are available by request, covering for example: business focus, products and servicesaccount opening, business channelskey financial dataidentifiers (BIC, LEI)contact detailssocial networks profilesmobile applicationsThe United Kingdom hosts around half of all electronicmoney institutions (EMis) registeredin the European Economic Area, which provide a broad varieties of solutions to individuals,companies and merchants. Aggregated total assets of British EMIs in 2018 were around 11 bln GBP,77 EMIs reported increase in total assets which is together with the increased numberof EMIs indicates growth in this sector.Lithuania is a dynamic European innovation and fintech hub,having all necessary conditions for its fintech ecosystem to grow and develop,namely support from the government, favorable taxation system, progressiveregulatory rules, multi-disciplinary talent pool, innovative infrastructure.Electronic money institutions (EMIs) play an important role in the fintech ecosystemof Lithuania: out of more than 200 fintech companies registered in the country,over 60 are electronic money institutions.Single Euro Payments Area (SEPA) is an initiative ofthe European Union aimed to ensure that customers can make cashless Euro paymentsto anywhere within SEPA area in a fast, safe and efficient way, just likenational payments. SEPA plays fundamental role in improving efficiency ofcross-border payments and integrating fragmented national markets forEuro payments into a single one.Retail banking is an important component of German banking sector,represented by a large number of banks with different origin and business focus. Apartfrom two nationwide networks of local cooperative and savings banks, there areindependent banks, regional state banks, and specialized banks.With high standard of living in the Netherlands making itan favorable investment and private banking destination forboth domestic and foreign banking groups, retail bankingremains an essential part of the Dutch banking sector.About half of the retail banks offer their products via the Internet, while there are also several pure direct banks.Direct banking is a relatively new way of delivering bankingproducts and services to the customers via direct channels, meaning that a direct bankoperates without brick-and-mortar branch network and its services are provided via onlinebanking, mobile banking, ATM networks, and even mail.As direct banks don't have an expensive branch network,the resulting cost savings are passed on to the bank's customers which allowsto offer fair conditions in all product areas.Located in the center of Western Europe, Belgium is a high-incomeand well diversified economy. Belgian banking sector is broadly diversified not only interms of international presense: provided products and services range from traditionalfor BeNeLux international private banking, asset and wealth management offeredto individuals, business entities and institutions to modern investment banking,securities trading and custody services.Banking and financial services is one of the main industries of Luxembourg. Favorable legislation and taxation, stable social and economic environment make Luxembourg an attractive destination for foreign financial institutions.Macedonia (officially the Republic of North Macedonia)is a country in Southeastern Europe (Balkan peninsula) and a European Union candidatesince 2004. Despite carrying substantial risks, Macedonia can be consideredas an alternative offshore destination when looking for essential bankingservices or company incorporation.

TAGS:The European Banks 

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