Top 10 EU Business Banks

In recent decades, there has been a significant evolution in business banks in different parts of the world.

 Many of them also run firms that act as investment banks and engage with corporate and institutional customers by offering brokerage, and the underwriting of stock offerings. We’ll walk you through the top business banks in the European Union in this blog.

BNP Paribas Business Bank

BNP Paribas was created in 2000 as a result of the union of Banque Nationale de Paris (BNP) and Paribas, but its corporate identity dates back to the institution’s founding as a French national bank in 1848.

This French global banking firm, which operates in 72 countries across five continents, is the biggest in Europe. It was also well-known for receiving the largest-ever punishment in 2014 as retaliation for breaking U.S. sanctions, but despite that, it is still a giant in the market and one of the top 10 banks in the world.

Monzo Business Bank

Monzo is one of our list’s most adaptable choices and one of the most well-liked business banks of its sort in the EU. Customers that sign up for a free account, use a debit card or download a mobile application can use the service with little or no additional cost. Only mobile devices can access Monzo in the UK, and its app has complex features including subscription management and budgeting tools.

The Mastercard rate is available to Monzo customers, who are also exempt from paying any card-related foreign currency costs. The flexibility for remote employees is a standout feature despite certain restrictions, such as native-only support for ATM withdrawals to people around the EU region. 

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Barclays PLC

Barclays has its roots in the 1690-founded City of London goldsmith banking company. James Barclay joined the company as a partner in 1736, giving it the famed moniker it has today. A service provider, Barclays Execution Services, supports the company’s two operating divisions, Barclays UK and Barclays International.

As a universal bank, Barclays provides help to individuals and small companies through retail banking services, as well as to bigger organizations and corporations through its corporate and investment banking division.

 Banco Santander SA

Santander, the sole Spanish company in the top 10, with more than 205,000 workers and 160 million clients worldwide.

The company just received a score of 92.87 on the 2023 Bloomberg Gender-Equality Index. Thus ranking among the top ten business banks in EU regional corporations examined and in the financial sector. Although it is a global provider of financial services, it is mostly recognized for its banking operations, notably in Europe.

Nordea Business Bank

With its headquarters in Helsinki, Finland, Nordea Bank Abp, also known as Nordea, is a Nordic financial services company that operates across northern Europe. The bank was formed as a consequence of a series of mergers and acquisitions between 1997 and 2001 including Merita Bank, Nordbanken, Unidanmark, and Christiania Bank of Kreditkasse, which had branches in Finland, Sweden, Denmark, and Norway.

After completing the divestiture of its Baltic businesses in 2019, Nordea now views the Nordic nations as its home market. Helsinki, Copenhagen, and Stockholm’s Nasdaq Nordic markets list Nordea, while the EU lists Nordea ADR.

10 million private consumers and 600,000 active corporate clients, including 3000 major corporations and organizations, are served by Nordea. Finland (21%), Denmark (26%), Norway (21%), and Sweden (30%) make up the majority of Nordea’s credit portfolio. At Nordea, there are four business areas (BAs): asset & wealth management, business banking, large corporations & institutions, and personal banking. In December 2023, assets under management (AUM) totaled €500 billion.

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Deutsch Bank AG

Deutsche Bank, which was established in Berlin way back in 1870. The global political, and economic trends as well as the turbulent German history are its influence on the growth. The company, a universal bank, has four main divisions: investment banking, corporate banking, private banking, and asset management.

Lloyds Banking Group

30 million clients and 65,000 workers make up the Lloyds Banking Group. Lloyds was created in 2009 when Lloyds TSB acquired HBOS. The company operates under a number of names, including Scottish Widows, Halifax, Bank of Scotland, and Lloyds Bank.

The history of the Group dates back more than 320 years to 1695 when the Scottish Parliament established the Bank of Scotland. The history of the Group dates back more than 320 years to 1695 when the Scottish Parliament established the Bank of Scotland.

Credit Agricole SA.

It functions through the following divisions: International Retail Banking, Savings Management & Insurance, Specialized Financial Services, Corporate & Investment Banking, and Corporate Center are some of the French retail banking options available.

Individual customers, farmers, small enterprises, corporations, and local governments can all access banking and financial services from the French Retail Banking – Regional Banks category.

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Asset management, insurance, and wealth management solutions are available from the French Retail Banking – LCL category. International retail banking includes; Foreign subsidiaries and interests that engage in retail banking.

UBS Group

An international provider of diverse financial services, UBS, historically known as the Union Bank of Switzerland, has offices in Zurich and Basel. UBS majors in almost all of the major financial operations, such as investment banking, wealth management, retail and commercial banking, and investment management. In New York City, it has its American headquarters. It employs about 60,000 people and conducts business in more than 50 countries.

Caixa Business Bank

Spanish global financial services corporation CaixaBank, S.A., originally known as Criteria CaixaCorp. Spain’s CaixaBank has operational offices in Madrid and Barcelona in addition to its Valencia headquarters. After BBVA and Banco Santander, it is the third-largest lender in Spain in terms of market value. CaixaBank has the most extensive branch network in the Spanish market, with 5,500 locations to serve its 16 million clients. 

The corporation comprises of the La Caixa group’s universal banking and insurance operations, as well as the group’s holdings in many other financial institutions including the oil and gas company Repsol, Telefónica, and the telecommunications company.

Business Banks you can Explore

The biggest business banks in the EU region are growing significantly throughout time thanks to innovation, and market leadership. Individual customers, companies, and institutional clients can make use of a comprehensive range of financial services and products from them, including managing deposits, lending, managing assets, exchanging currencies, and the investment banking industry. You can also open accounts online in any of these business banks through bank.pro.

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