Oireachtas Joint and Select Committees
Thursday, 5 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. Mario Nava:
A number of banks had their licences withdrawn, and the mechanism foresees that when a national supervisor takes a decision to withdraw a licence of one given bank, it communicates data to the European Commission and the European Banking Authority, which keeps a register of European banks which one can see at any time on its website. At present there are approximately 7,700 European banks.
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