European Banking Federation

European Banking Federation

The European Banking Federation (abbreviated EBF or FBE in French) is an organization of the European banking sector, representing interest of over 5000 European banks in 31 countries with combined assets of over 30,000 billion Euro and around 2.4 million employees. It was established in 1960.EBF acts as a forum where members' initiatives are proposed and debated as well as a dialogue partner for the European institutions in laying out the relevant legislation in the banking sphere. It supports the European unification process and safeguards European banking interests in Brussels, Belgium.

Since its inception in 1960, the Federation has constantly maintained an ongoing dialogue with the European institutions, with the aim of ensuring that the experience and the views of banks are taken into consideration in the shaping of relevant policies.

In its early years the EU concentrated on the integration of trade in goods, rather than services. As a result, banking as such was not directly affected to any great extent, but it was only natural that banks, like any other business, should express their strong views on proposals to achieve economic integration, e.g. in matters such as company law and taxation.

Since the 1970s, however, the situation has changed significantly, and the Community institutions have increasingly focused on banking matters. Nowadays, European legislation continues to be extended to cover areas such as freedom of establishment for banks and other financial institutions, harmonisation of banking supervision, accounting and a number of other subjects relevant to the business of banking. By increasingly shaping national legislation in these areas, Community directives and other legislative measures have a direct impact on the banks of the Member States, in their activities at home as well as abroad. The EBF is an obvious dialogue partner for the European institutions in laying out this legislation.

Furthermore, the role of the Federation as the united voice of all EU banks has naturally led it to be a forum where members' initiatives are proposed and debated. Meetings are arranged on matters of concern to the whole European banking sector, specialised Working Groups and Committees analyse specific questions and propose solutions, leading to the publication of reports or position papers.Finally, the role of the Federation is by no means limited to European matters. It extends to broader issues of importance to all European banks vis-à-vis their counterparts and supervisory authorities throughout the world.

EBF Members

There are (as of 01 December 2007) thirty one EBF members:

*Austria
*Belgium
*Bulgaria
*Czech Republic
*Cyprus
*Denmark
*Estonia
*Finland
*France
*Germany
*Greece
*Hungary
*Iceland
*Ireland
*Italy
*Latvia
*Liechtenstein
*Lithuania
*Luxembourg
*Malta
*Norway
*Poland
*Portugal
*Romania
*Slovakia
*Slovenia
*Spain
*Sweden
*Switzerland
*The Netherlands
*United Kingdom

EBF Associates

There are (as of April 2008) twelve EBF associates:

*Albania
*Andorra
*Armenia
*Azerbaijan
*Croatia
*Moldova
*Monaco
*Montenegro
*Serbia
*Russia
*Turkey
*Ukraine

ee also

*STEP
*EURIBOR
*EONIA
*EONIA-SWAP
*European Central Bank

External links

* [http://www.ebf-fbe.eu/ European Banking Federation]
* [http://www.ecb.int/ European Central Bank]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • European Banking Federation — ( EBF) Euroclear Clearing and Settlement glossary An association representing the European banking sector. It represents the interests of over 4,500 European banks, large and small, from 27 national banking associations, with assets of more than… …   Financial and business terms

  • European Banking Federation — (EBF) An association representing the European banking sector. It represents the interests of over 4,500 European banks, large and small, from 27 national banking associations, with assets of more than EUR 20,000 billion and over 2.3 million… …   Euroclear glossary

  • European Mortgage Federation — Founded in 1967, the European Mortgage Federation represents the interests of mortgage lenders at EU level on both the retail and lending side. It groups national associations and individual lenders from amongst the EU 25 and the Accession… …   Wikipedia

  • Fédération bancaire de l'Union européenne — La Fédération bancaire de l Union européenne (European Banking Federation) est le porte voix des banques établies en Europe. Il s agit d un forum où les membres échangent leur pratiques, débattent de propositions et d initiatives législatives,… …   Wikipédia en Français

  • European Committee for Banking Standards — Rechtsform Gründung 1992 Auflösung 2006 S …   Deutsch Wikipedia

  • European integration — European Union This article is part of the series: Politics and government of the European Union …   Wikipedia

  • European Coal and Steel Community — Danish: Det Europæiske Kul og Stålfællesskab Dutch …   Wikipedia

  • European Union — 1. an association of European nations formed in 1993 for the purpose of achieving political and economic integration. Formerly known as the European Economic Community, the European Union s member states are Austria, Belgium, Denmark, Finland,… …   Universalium

  • European Court of Justice — Not to be confused with the European Court of Human Rights, the court of the Council of Europe. ECJ redirects here. For the collective judicial institutions of the European Union, see Court of Justice of the European Union. For other uses, see… …   Wikipedia

  • History of the European Union — This article is part of a series …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”