The European Banking Authority (EBA) published today its annual report on risks and vulnerabilities in the EU banking sector. The report is accompanied by the results of the EBA's 2018 EU-wide transparency exercise, which provide detailed information, in a comparable and accessible format, for 130 banks across the EU. Overall, the EU banking sector has continued to benefit from the positive macroeconomic developments in most European countries, which contributed to the increase in lending, further strengthening of banks' capital ratios and improvements in asset quality. Profitability remains low on average and has not yet reached sustainable levels. Click this link to read the document.