EBA (European Banking Authority)

The European Banking Authority (EBA) is a regulatory agency of the European Union that works to ensure the safety and soundness of the EU banking sector. It sets standards and guidelines for banks, monitors risks, and promotes effective supervision across member countries. The EBA also conducts stress tests to assess the resilience of banks against economic shocks. By fostering transparency and stability, the EBA aims to protect consumers and enhance the overall integrity of the financial system within Europe, helping to build trust in banking institutions.