13.8.4 Concluding remarks

The presence of growth limitations is noted positively by the Commission, because it restricts the bank’s ability to expand on the market. It is thus a relevant characteristic. It is, however, difficult to establish whether the Commission has consistently taken into account this relevant characteristic.

The growth limitations discussed in the present section concerned restrictions on organic growth of the bank. The restrictions on inorganic growth (i.e. acquisition bans) are far more common – this will be discussed in the following section.