A comparative analysis of the US and EU retail banking markets - Wsbi

Table L: Structure of the liabilities in the EU, 1992 - 2003
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Borrowing from
Central bank 1.7% 1.8% 1.5% 1.4% 1.2% 1.0% 1.0% 0.8% 0.9% 0.7% 0.9% 1.2%
Interbank deposits 25.2% 25.3% 27.2% 27.6% 27.7% 27.6% 28.0% 26.9% 26.0% 25.0% 24.9% 24.5%
Non-bank deposits 45.7% 46.0% 44.9% 44.4% 44.5% 43.7% 43.0% 42.2% 42.0% 42.7% 42.5% 42.6%
Bonds 14.1% 14.5% 14.5% 14.3% 14.2% 14.3% 14.3% 15.6% 16.0% 16.6% 16.8% 16.9%
Other liabilities 13.3% 12.4% 11.9% 12.2% 12.5% 13.4% 13.8% 14.4% 15.1% 14.9% 14.8% 14.8%
Note: Excludes Ireland for the years 1992, 1993 and 1994.
Source: ESBG calculations based on OECD data; "Bank profitability", 2002 & 2004.
Table M: Structure of the assets in the EU, 1992 - 2003
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Cash and balance
with Central Bank 2.2% 1.9% 1.5% 1.3% 1.3% 1.2% 1.1% 1.3% 1.1% 1.3% 1.2% 1.2%
Interbank deposits 24.5% 25.2% 24.8% 24.8% 24.3% 23.7% 22.8% 21.5% 20.0% 19.7% 19.8% 19.9%
Loans 48.1% 46.2% 45.8% 45.6% 45.3% 45.2% 45.2% 45.3% 46.6% 46.4% 47.1% 47.0%
Securities 15.3% 17.0% 18.5% 18.7% 19.7% 20.2% 21.0% 21.1% 20.8% 21.1% 21.2% 21.3%
Other assets 9.8% 9.8% 9.4% 9.6% 9.5% 9.7% 9.9% 10.8% 11.5% 11.5% 10.8% 10.6%
Note: Excludes Ireland for the years 1992, 1993 and 1994.
Source: ESBG calculations based on OECD data; "Bank profitability", 2002 & 2004.
Table N: Share of new mortgages financed in secondary markets in the EU
1996 1997 1998 1999 2000 2001 2002
Mortgage Bond Funding 26.00% 26.00% 30.00% 25.50% 22.50% 21.70% 18.50%
MBS Funding 0.00% 2.00% 2.50% 4.00% 7.10% 7.70% 9.50%
Total Secondary Market Funding 26.00% 27.70% 32.50% 29.60% 29.20% 29.20% 27.90%
Source: "The Costs and Benefits of Integration of EU Mortgage Markets", London Economics, August 2005 (EMF Database).
Table O: Recent evolution of the mortgage market in the EU and the US, 2000-2003
EU
US
2000 2001 2002 2003 2000 2001 2002 2003
Residential housing loans outstanding (in € billion) 2,793 2,991 3,278 3,539 6,018 6,457 6,506 6,119
as a proportion of GDP 32% 33% 35% 38% 57% 57% 59% 63%
Source: ESBG calculations based on information from the national central banks for the EU figures and from the US Mortgage Bankers Association
for the US figures. GDP figures and exchange rate are based on Eurostat database.
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