Definition: Total number of branches broken down by location i...

Category: Structural business statistics

'Branch' is defined in Article 1 of the Council Directive 89/646/EEC of 15 December 1989  and is detailed in the Commission Communication on the freedom to provide services and on the interest of the general good in the Second Banking Directive (95/ C 291/06).
The following geographical breakdown of the number of branches abroad has to be used: Swit-zerland, USA, Japan, third countries (rest of the world).
Note: All active branches notified in the home Member State of the credit institution are taken into consideration.
Source:
Definition of SBS Regulation variables (11 14 1)
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