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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 11 Data from Bankscope databases

From: Causal effect of mergers and acquisitions on EU bank productivity

Country

Banks that performed acquisitions

Time of M&A

Acquired or merged banks

Portugal

Deutsche Bank (Portugal) SA

2011

On 1 August 2011, Deutsche Bank (Portugal) SA was absorbed by Deutsche Bank Europe GmbH.

Czech Republic

UniCredit Bank Slovakia AS

2013

On 1 December 2013, UniCredit Bank Slovakia AS was absorbed by UniCredit Bank Czech Republic and Slovakia AS

UniCredit Bank Czech Republic and Slovakia AS

1999/2001/2007/2013

On 1 January 1999, Vereinsbank (CZ) AS absorbed Hypobank CZ AS

On 1 October 2001, Vereinsbank (CZ) AS absorbed Bank Austria Creditanstalt Czech Republic

On 5 November 2007, HVB Bank Czech Republic AS absorbed Zivnostenska banka, AS

On 1 December 2013, UniCredit Bank Czech Republic AS absorbed UniCredit Bank Slovakia AS

Ireland

Ulster Bank Ireland Limited

2010

In 2010, Ulster Bank Ireland Limited absorbed First Active PLC

Latvia

Jsc Latvian Development Financial Institution Altum

1997

In 1997, Jsc Latvian Development Financial Institution Altum absorbed Latvian Agricultural Finance Company

Belguim

Record Bank SA/NV

1995/2005/2006

In 1995, absorbed Sofibanque SA

In May 2005, absorbed Mercator Bank nv

In June 2006, absorbed Eural SA/NV

ING Belgium SA/NV-ING

1975/2003/2006/2006

On 30 June 1975, as a result of the merger between Banque Lambert and Banque de Bruxelles.

On 5 May 2003, absorbed Caisse Privée Banque.

In June 2006, absorbed ING Bank (France) SA.

In September 2006, absorbed ING Securities Bank (France) SA.

Hungary

Banco Popolare Hungary Bank Zrt

2013

In 2013, Banco Popolare Hungary Bank Zrt was absorbed by MagNet Magyar Koezoessegi Bank Zrt

Calyon Bank Magyarorszag Zrt-Calyon Bank Hungary

2007

In October 2007, absorbed by Credit Agricole Corporate and Investment Bank

Erste Bank Hungary Nyrt

1996/2004

In January 1996, absorbed Agrobank RT

On 31 August 31 2004, absorbed Postbank and Savings Bank Corp

Germany

Mizuho Corporate Bank (Germany) AG

2009

On 30 November 2009, in liquidations

Finland

Nordea Bank Finland Plc

2000/2001/2002

In December 2000, absorbed Merita Plc

On 30 September 2001, absorbed Merita Bank Plc

Demerged on January 2002 into five new companies

Romania

Intesa Sanpaolo Bank Romania SA

2012

Absorbed Banca CR Firenze Romania SA

Banca Comerciala Romana SA-Romanian Commercial Bank SA

1999

In October 1999, absorbed Banca Romana de Comert Exterior SA—Bancorex

Sweeden

Nordea Bank Sweden AB (publ)

1994/2002/2004

On 1 October 1994, absorbed Gota Bank

In December 2002, absorbed Postgirot Bank

On 1 March 2004, Nordea Bank Sweden AB (publ) was absorbed by Nordea Bank AB (publ)

Spain

Banco de Credito Local d’España

1999/2009

In March 1999, absorbed Dexia Banco Local

On 17 June 2009, Banco de Crédito Local de España was absorbed by Banco Bilbao Vizcaya Argentaria SA

Greece

Emporiki Bank of Greece SA

2013

On 28 June 2013, Emporiki Bank of Greece SA was absorbed by Alpha Bank AE.

Agricultural Bank of Greece

2012

On 30 July 2012, Agricultural Bank of Greece was absorbed by Piraeus Bank SA

National Bank of Greece SA

1998/2002

In August 1998, National Bank of Greece SA absorbed National Mortgage Bank of Greece SA

In December 2002, absorbed National Investment Bank for Industrial Development SA—ETEBA

France

KBL Richelieu Banque Privée

2008

On 1 November 2008, the activity of KBL Richelieu Banque Privée ceased

Banque Saradar France

2005

In April 2005, Banque Saradar France was absorbed by Banque Audi Saradar France SA

Aareal Bank France SA

2010

In April 2010, Aareal Bank France SA was absorbed by Aareal Bank AG

Banque Audi Saradar France SA

2005

In April 2005, Banque Audi France SA absorbed Banque Saradar France

Credit Suisse (France)

1997

On 31 December 1997, Credit Suisse (France) SA absorbed Banque Hottinguer

Banca Intesa (France) SA

2003/2008

On 1 September 2003, Banca Commerciale Italiana (France) absorbed CPR

In September 2008, absorbed by Intesa Sanpaolo

UBS Wealth Management (France) SA (in 2003 took the name UBS (France) SA)

2003

On 1 November 2003, absorbed UBS (France) SA

HSBC France

2002/2008/2010

In April 2002, absorbed HSBC CCF Investment Bank (France)

On 31 July 2008, absorbed HSBC Hervet, HSBC de Baecque Beau SA, HSBC UBP and HSBC Picardie

In June 2010, absorbed HSBC Financial Products (France) SNC

UK

Citibank International Plc

2000

On 28 April 2000, Citibank International Plc absorbed Citibank Portugal S.A.

Clydesdale Bank Plc

2004

In December 2004, Clydesdale Bank Plc absorbed Yorkshire Bank Plc

Co-operative Bank Plc (The)

2009

On 1 August 2009, Co-operative Bank Plc absorbed Britannia Building Society

Alliance and Leicester Plc

2001/2011

In December 2001, Alliance and Leicester PLC absorbed Alliance and Leicester Group Treasury Plc

In 2011, transferred to Santander UK Plc.

Santander UK Plc

1944/1996

In 1944, as The Abbey National Building through the merger of Abbey Road Building Society and The National Building Society

In 1996, absorbed National and Provincial Building Society

National Westminster Bank Plc—NatWest

1968/1970

In 1968, as the result of the merger between The Boards National Provincial and Westminster Bank

On 1 January 1970, merging of the District Bank, National Provincial Bank, and Westminster Bank into National Westminster Bank

Standard Chartered Bank

2008

In September 2008, Standard Chartered Bank absorbed American Express Bank Ltd.

Bank of Scotland Plc

2001/2007/2010

In November 2001, Bank of Scotland absorbed Bank of Wales Plc

On 17 September 2007, Bank of Scotland absorbed Halifax Plc, HBOS Treasury Services Plc and Capital Bank Plc and changed its name to Bank of Scotland Plc

On 31 December 2010, Bank of Scotland Plc absorbed Bank of Scotland (Ireland) Limited

Royal Bank of Scotland Plc (The)

1969

In April 1969, merged with National Commercial Bank of Scotland

Abbey National Plc

1996

In 1996, absorbed National and Provincial Building Society

Luxembourg

Hauck and Aufhäuser Banquiers Luxembourg SA

2013

In October 2013, the activity of Hauck and Aufhäuser Banquiers Luxembourg SA ceased

VP Bank (Luxembourg) SA

2001

On 31 December 2001, absorbed Banque Baumann and Cie SA.

Banco Itau Europa Luxembourg

2009

On 25 August 2009, Banco Itau Europa Luxembourg absorbed Unibanco—Uniao de Bancos Brasileiros (Luxembourg) SA

Kaupthing Bank Luxembourg SA

2009

On 10 July 2009, Kaupthing Bank Luxembourg SA was dissolved without liquidation

Banque Degroof Luxembourg SA

2006

In January 2006, Banque Degroof Luxembourg SA absorbed Banque Nagelmackers (Luxembourg) SA

Credit Agricole Luxembourg SA

1997/1999/2005/2008

On 1 December 1997 (effective as of 1 July 1997) absorbed Banque Indosuez Luxembourg SA and its name changed to Crédit Agricole Indosuez Luxembourg SA

On 30 April 1999, absorbed Banque de Gestion Privée de Luxembourg

On 1 July 2005, absorbed Crédit Lyonnais Luxembourg SA and changed its name to Crédit Agricole Luxembourg SA

On 26 April 2008, absorbed Crédit Agricole Luxembourg Bank

Credit Suisse (Luxembourg) SA

2002

On 1 January 2002, Crédit Suisse (Luxembourg) SA absorbed Banque Leu (Luxembourg) SA

JP Morgan Bank Luxembourg SA

1998

On 1 December 1998, Chase Manhattan Bank Luxembourg SA absorbed Morgan Stanley Bank Luxembourg In November 2001, changed its name to JP Morgan Bank Luxembourg SA

Dresdner Bank Luxembourg SA

2010

In April 2010, Dresdner Bank Luxembourg SA was absorbed by Commerzbank International SA

Landsbanki Luxembourg SA

2008

In December 2008, the District Court of Luxembourg has ordered the dissolution and winding-up of Landsbanki Luxembourg SA

Deutsche Bank Luxembourg SA

1999

In December 1999, absorbed Bankers Trust Luxembourg

UBS (Luxembourg) SA

1996/1998/2002

as Union de Banques Suisses (Luxembourg) SA

In 1996, absorbed Société de Banque Suisse (Luxembourg) SA

On 29 May 1998, merged with Swiss Bank Corporation (Luxembourg) Ltd.

In August 2002, absorbed Banque Ferrier Lullin (Luxembourg) SA

DekaBank Deutsche Girozentrale Luxembourg SA

2002

On 1 January 2002, Deutsche Girozentrale International SA absorbed DekaBank (Luxemburg) SA

ING Luxembourg

2003

In May 2003, absorbed ING Bank (Luxembourg) SA

KBL European Private Bankers SA

2005

On 1 January 2005, Krediet Bank SA Luxembourgeoise KBL absorbed Banque Continentale du Luxembourg SA

UniCredit Luxembourg SA

1998

On 1 November 1998 through the merger between Vereinsbank International SA and Hypobank International SA

Banque Internationale Luxembourg SA

2001/2002

In November 2001, absorbed Dexia Direct Bank SA.

In November 2002, absorbed Dexia Nordic Private Bank SA

BNP Paribas Luxembourg

2001/2006/2007/2010

In July 2001 through the merger of Banque Nationale de Paris (Luxembourg) SA BNP and Paribas Luxembourg

In April 2006, BNP Paribas Luxembourg absorbed United European Bank (Luxembourg) SA

On 31 March 2007, absorbed Banca Nazionale del Lavoro International SA

On 5 October 2010, BNP Paribas Luxembourg was absorbed by BGL BNP Paribas

Austria

Arab Bank (Austria) AG

2006

In 2006, the business of Arab Bank (Austria) AG was transferred to Europe Arab Bank Plc.

Valartis Bank (Austria) AG

1998

In October 1998, Anglo Irish Bank (Austria) A.G absorbed Crédit Lyonnais Bank (Austria) AG

Kommunalkredit Austria AG

2009

On 28 November 2009, Kommunalkredit Depotbank AG acquired the banking business of KA Finanz AG and changed its name to Kommunalkredit Austria AG

UniCredit Bank Austria AG-Bank Austria

1997/2000/2002

On 31 May 1997, absorbed Westdeutsche Landesbank (Austria) AG

In November 2000, absorbed Sparkasse Stockerau AG

On 12 August 2002, absorbed Creditanstalt AG

Bulgaria

Eurobank Bulgaria AD-Postbank

2007

On 1 November 2007, Bulgarian Post Bank JSC absorbed DZI Bank AD