Banking and investment services market in Europe: size, suppliers and public contracts
Market size and key facts
In 2025, public buyers in 30 European countries awarded 547 supply contracts for banking and investment services through award notices on TED; the 466 of them that state a value (85.2%) add up to €331 million.
- Since November 2023, 374 companies have won 1,271 public supply contracts for banking and investment services in 30 European countries, in 517 award notices from 337 public buyers.
- 0.8% of these awards went to a company registered in a different country from the buyer; the most frequent foreign origin is Belgium.
- The five companies that win most often hold 14.2% of all awards across Europe.
- 30% of the awards whose notice states the number of tenders received a single bid.
In proportion
All public purchasing in the EU-27 — general government spending on goods, services and investment, the measure the OECD and the European Commission use for public procurement — came to €2.93 trillion in 2025, 15.5% of GDP (Eurostat). Award notices on TED cover only the contracts above the EU thresholds, so they show who wins, not the whole of that spending.
Source: Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) and GDP (nama_10_gdp), retrieved 9 November 2026.
Updated · counted daily from contract award notices on TED and Eurostat international trade data · figures as JSON · free to quote with attribution (CC BY 4.0)
How to cite: Cresques, "Banking and investment services market in Europe", https://cresques.com/markets/europe/661-banking-and-investment-services, from TED contract award notices (© European Union) and Eurostat Comext, updated 13 November 2026. Licence: CC BY 4.0.
CPV group 661 across the EU, Norway, Iceland and Liechtenstein: how much public buyers award, who wins, where from, and how the market splits by country.
The market in numbers
Public supply contracts in Europe: award notices published on TED from 2023-11 to 2026-11, by publication year.
- Contracts awarded
- 1.3K
- in 517 award notices
- Awarded value
- €756.8M
- from 83% of awards with a published value
- Winning companies
- 374
- with at least one award
- Public buyers
- 337
- hospitals, cities, agencies
Table view
| Nov–Dec 2023 | 6 |
| 2024 | 289 |
| 2025 | 547 |
| 2026 | 429 |
Table view
| Nov–Dec 2023 | €1M |
| 2024 | €156.8M |
| 2025 | €330.7M |
| 2026 | €268.3M |
- Other65
Table view
| Cities, regions and central administration | 583 |
| Economic affairs | 307 |
| Housing and community amenities | 95 |
| Environment and waste | 83 |
| Hospitals and health services | 66 |
| Universities, schools and research | 27 |
| Water utilities | 24 |
| Urban transport operators | 21 |
| Other | 65 |
- Denmark28678 companies
- Poland21446 companies
- Spain20070 companies
- Romania14536 companies
- Estonia8616 companies
- Slovakia8010 companies
- France7014 companies
- Germany6627 companies
- Croatia287 companies
- Norway2518 companies
Table view
| Denmark | 286 |
| Poland | 214 |
| Spain | 200 |
| Romania | 145 |
| Estonia | 86 |
| Slovakia | 80 |
| France | 70 |
| Germany | 66 |
| Croatia | 28 |
| Norway | 25 |
- Large companies
- Medium-sized
- Small
- Micro
- SME (size not stated)
- Size not stated
Table view
| Large companies | 501 · 39.4% |
| Medium-sized | 139 · 10.9% |
| Small | 111 · 8.7% |
| Micro | 7 · 0.6% |
| SME (size not stated) | 300 · 23.6% |
| Size not stated | 213 · 16.8% |
- Belgium3
- France2
- United Kingdom2
- Austria1
- Denmark1
- Latvia1
Table view
| Belgium | 3 |
| France | 2 |
| United Kingdom | 2 |
| Austria | 1 |
| Denmark | 1 |
| Latvia | 1 |
Awards to companies registered in the buyer's own country
99.2%
10 awards went to companies registered elsewhere.
Share of the 5 biggest winners
14.2%
Of all awards; a high share means a concentrated market.
Lots with a single bid
30%
Among 1.3K awards whose notice states the number of tenders.
How we count: one award per procedure, lot and winning company, from live contract award notices; a joint procurement counts on every buyer's market. Values are the awarded amounts published in the notice (framework ceilings and estimates are never added), converted to euro at the ECB yearly average. Company size is the SME flag of the notice (eForms BT-165). Read the methodology.
Country pages
Countries with fewer than 25 winning companies in this group have no separate page; their awards are counted above.
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Pick a country and see who wins there
A Cresques market map for one country and this category shows the companies that win these contracts there: how often, for how many buyers and for how much, and whether the leading ones are distributors or manufacturers.
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Questions
- How big is the banking and investment services market in Europe?
- In 2025, public buyers in 30 European countries awarded 547 supply contracts for banking and investment services through award notices on TED; the 466 of them that state a value (85.2%) add up to €331 million.
- How many public contracts for banking and investment services are awarded in Europe?
- Since November 2023 public buyers in 30 European countries awarded 1,271 supply contracts for banking and investment services in 517 TED award notices; the 1,061 awards with a published value add up to €756.8M.
- Which countries buy the most banking and investment services through public tenders?
- Denmark (286 awards), Poland (214 awards), Spain (200 awards) lead; 374 companies won at least one award across Europe.
- How often do foreign suppliers win banking and investment services contracts?
- 0.8% of the awards went to a company registered in another country than the buyer; the most frequent foreign origin is Belgium.
Source: contract award notices on TED — Tenders Electronic Daily (ted.europa.eu), © European Union, published since November 2023; processed by Cresques. Numbers updated 2026-11-13.