Frank Elderson, ECB Executive Board member, emphasized the resilience of Europe’s banks amid recent shocks, including pandemic fallout, war in Ukraine, and inflationary pressures. He credited strong capitalization, coordinated supervision, and proactive risk management for maintaining stability. Looking ahead, the ECB outlined priorities for 2026-28, focusing on enhancing resilience to geopolitical risks, climate-related challenges, and digitalization. Operational resilience will be strengthened through cybersecurity measures and improved risk reporting. Simplification of regulatory frameworks will reduce compliance burdens while maintaining supervisory effectiveness. Elderson also called for deeper financial integration, including a European deposit insurance scheme, to bolster competitiveness and stability. The ECB aims to ensure supervision remains risk-based, proportionate, and efficient, supporting banks’ role in the economy.
© European Central Bank, 2025.
Summary derived from the ECB website (https://www.ecb.europa.eu ).
https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp260128~c294dcefde.en.html
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