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Jurisdiction · EUR · European Central Bank

European Union

A banking union covering the euro area, with single supervision (SSM) and single resolution (SRB) layered over national authorities. PSD2 made the EU the template for regulated open banking worldwide.

Currency
EUR
Central bank
European Central Bank
Key regulators
ECB (SSM) · EBA · SRB
Deposit insurance
National DGS under EU rules, €100,000
Open banking regime
PSD2 (mandatory bank APIs)
Instant payments
SEPA Instant (SCT Inst)
Primary source
www.ecb.europa.eu (central bank)
Providers headquartered here

None in covered set

Covered banks — European Union

BankTypeRegulatorAssets ≈
European Central BankFrankfurtCentralEU treaties (European Parliament oversight)
European Investment BankLuxembourgDevelopmentEU member states (shareholders)

Approximate reference data from public sources · seed-0.1 · 2026-08-28 · not real-time, not advice. See data & methodology.

# this page as data GET https://banking.foundation/api/v1/countries/european-union