Management Control of European Banks: A Review

R. Malar KUMARAN, Alexandru Mircea Nedelea


Banks are purveyors and manufacturers of money. Banks carry out several functions and there shall be a proper control and supervision. It has primary functions and secondary functions. The primary functions are important functions of banks and the secondary functions are services by banks to public. The banks provide finance functions and it is one of the financial institution of finance sector. All the functions are economic functions and it is blood and nerves of financial system. Any failure of banks directly affects economy and national growth and development. The effective management control of banks protects economy of the nation. The collapse of the banks means that the entire financial system is collapsed.


European Union Bank, Single Supervision Mechanism, Single Regulation mechanism, Stress-Tests, Financial Stability


Sabine Lautenschlager (2017), The European banking sector-growing together and growing apart, European Central Bank, Banking Supervision, The LSE German Symposium , London, 2 March 2017

( International Agreement (2013), Official Journal of European Union, European Union, 30 November 2013

European Central Bank(2017), ECB Banking Supervision: SSM supervisory priorities 2017, Banking Supervision, 2017

Dirk Schoenmaker and Nicolas Veron (Eds)(2016), European Banking Supervision: The First Eighteen Months, Bruegel Blueprint Series, Volume xxv, Bruegel, 2016

Sascha Steffen (2015), Capital shortfalls disclosed by the ECB comprehensive assessment: How much progress has been made by banks that were requested to take action?, Interim Report , 23 March 2015, European Parliament

Acharya, V. and S. Steffen(2014 a) , Falling Short of Expectations? Stress-Testing the European Banking System, Center of European Policy Studies Working Paper Series

Full Text: PDF

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.