Michaela Zattler

Director/Head of Banking Supervision and Accounting, Association of German Banks
Photo by Jon Cellier

Banks and Non-Banking Financial Institutions: the Banking Perspective

The financial assets of NBFIs now surpass those of banks. Does this increase the risk within the financial system? Considering the financing needs for Europe’s sustainable and digital transition, as well as the organization of an independent European defense, is further growth in the system necessary?