Sittings · Document
30.4.2025 A10-0044/11
Amendment 11
Auke Zijlstra, Paolo Borchia, Jorge Martín Frías, Tomáš Kubín, Jaroslava Pokorná Jermanová
on behalf of the PfE Group
Report A10-0044/2025
Ralf Seekatz
Banking Union – annual report 2024
(2024/2055(INI))
Motion for a resolution
Recital E
Motion for a resolution
Amendment
E. whereas fragmentation and the lack of cross-border consolidation of the EU banking sector is affecting its global competitiveness; whereas the profitability gap between EU and US banks has widened;
E. whereas it still appears difficult for savers and investors to open savings accounts and purchase other banking products from banks in Member States where they are neither residents nor nationals; whereas the profitability gap between EU and US banks has widened;
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30.4.2025 A10-0044/12
Amendment 12
Auke Zijlstra, Paolo Borchia, Jorge Martín Frías, Pierre Pimpie
on behalf of the PfE Group
Report A10-0044/2025
Ralf Seekatz
Banking Union – annual report 2024
(2024/2055(INI))
Motion for a resolution
Paragraph 1 a (new)
Motion for a resolution
Amendment
1a. Emphasises that banking culture varies widely between Member States and welcomes this diversity; points out that the ECB has repeatedly stated that bank size is not the main reason why US banks are stronger than European ones; points to scientific evidence that the marginal benefits for large bank mergers are considerably smaller than for smaller mergers1a;
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1a Kristen Regehr and Rajdeep Sengupta, ‘Has the Relationship between Bank Size and Profitability Changed?’, Economic Review, Second Quarter 2016, Federal Reserve Bank of Kansas City, pp. 49-72.
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30.4.2025 A10-0044/13
Amendment 13
Auke Zijlstra, Paolo Borchia, Jorge Martín Frías, Tomáš Kubín, Jaroslava Pokorná Jermanová, Pierre Pimpie
on behalf of the PfE Group
Report A10-0044/2025
Ralf Seekatz
Banking Union – annual report 2024
(2024/2055(INI))
Motion for a resolution
Paragraph 2
Motion for a resolution
Amendment
2. Asks the Commission to ensure that the completion of the BU and the Capital Markets Union remains a key priority; highlights that these projects offer households and SMEs access to broader funding, reduce the high reliance on bank credit to foster investments and job creation, increase financial stability, reduce the impact of economic downturns, support competitiveness, give additional investment opportunities, fund the transition to a green and digital economy and unlock the EU’s growth potential; notes that the Commission is requested to take into consideration the specificities of the different banking models, while preserving a level playing field;
2. Recommends that the Commission pursue prudent and selective steps to deepen the Capital Markets Union, prioritising respect for each nation’s financial sovereignty and endorsing only those integration measures that are narrowly tailored and demonstrably beneficial; highlights that these projects offer households and SMEs access to broader funding, reduce the high reliance on bank credit to foster investments and job creation, increase financial stability, reduce the impact of economic downturns, support competitiveness, give additional investment opportunities, fund the transition to a green and digital economy and unlock the EU’s growth potential; notes that the Commission is requested to take into consideration the specificities of the different banking models, while preserving a level playing field;
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30.4.2025 A10-0044/14
Amendment 14
Auke Zijlstra, Paolo Borchia, Jorge Martín Frías, Tomáš Kubín, Jaroslava Pokorná Jermanová
on behalf of the PfE Group
Report A10-0044/2025
Ralf Seekatz
Banking Union – annual report 2024
(2024/2055(INI))
Motion for a resolution
Paragraph 25
Motion for a resolution
Amendment
25. Notes that the banking sector plays a role in supporting the transition to a digitalised and carbon neutral economy, in channelling funds to renewable energy sources and in supporting the achievement of the objectives of the EU Green Deal and the EU Climate Law;
25. Notes that the banking sector plays a role in supporting the transition to a digitalised and sustainable economy;
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30.4.2025 A10-0044/15
Amendment 15
Auke Zijlstra, Paolo Borchia, Jorge Martín Frías, Tomáš Kubín, Jaroslava Pokorná Jermanová, Pierre Pimpie
on behalf of the PfE Group
Report A10-0044/2025
Ralf Seekatz
Banking Union – annual report 2024
(2024/2055(INI))
Motion for a resolution
Paragraph 26 a (new)
Motion for a resolution
Amendment
26a. Calls on the ECB to calculate the cost of compliance with the Corporate Sustainability Due Diligence Directive1a, the Corporate Sustainability Reporting Directive1b and other green and sustainability-related legislation, paying particular attention to the cost of consultancy fees necessary to comply with these obligations;
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1a Directive (EU) 2024/1760 of the European Parliament and of the Council of 13 June 2024 on corporate sustainability due diligence, OJ L, 2024/1760, 5.7.2024, ELI: http://data.europa.eu/eli/dir/2024/1760/oj.
1b Directive (EU) 2022/2464 of the European Parliament and of the Council of 14 December 2022 amending Regulation (EU) No 537/2014, Directive 2004/109/EC, Directive 2006/43/EC and Directive 2013/34/EU, as regards corporate sustainability reporting, OJ L 322, 16.12.2022, p. 15, ELI: http://data.europa.eu/eli/dir/2022/2464/oj.
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