## Figure 1.24. European Banking System Actions to Reduce Costs

## Source details

**Canonical URL:** [Figure 1.24. European Banking System Actions to Reduce Costs](https://www.imf.org/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-24.pdf)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-24.pdf.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-24.pdf.json)

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### 1. Overbranching and Reduction in Branches
- Title: "Overbranching and Reduction in Branches"
- Axis/scale labels shown:
  - "Deposits per branch (millions of euros)" with tick labels: 0 10 20 30 40 50 60
  - "Reduction in branches, 2008–15 (percent)" with tick labels: –35 –30 –25 –20 –15 –10 –5 0
- Countries identified by ISO country codes shown in the figure: FRA, ITA, AUT, GBR, SWE, ESP, PRT, NLD, GRE, DEU, BEL, DNK
- Visual emphasis: "More active response" (appears on the right side of the panel)

### 2. Change in Branches and Headcount
- Title: "Change in Branches and Headcount"
- Axis/scale labels shown:
  - "Change in number of branches, 2008–15 (percent)" with tick labels: –60 –50 –40 –30 –20 –10 0
  - "Change in number of employees, 2008–15 (percent)" with tick labels: –60 –50 –40 –30 –20 –10 0
- Countries identified by ISO country codes shown in the figure: FRA, ITA, AUT, GBR, ESP, PRT, NLD, DEU, DNK, BEL
- Visual emphasis: "More active response" (appears on the right side of the panel)

### Key metadata and notes
- Sources: European Central Bank; and IMF staff calculations.
- Note: "Data labels in the figure use International Organization for Standardization (ISO) country codes."
- Figure caption: "Figure 1.24. European Banking System Actions to Reduce Costs"

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-24.pdf_