European Savings Banks Group

The European Savings and Retail Banking Group is a European banking association representing around two dozen members from 20 countries (EU and non-EU), comprising approximately 1000 individual savings and retail banks. These institutions operate 60,000 outlets and employ 810,00 people.

European Savings and Retail Banking Group
AbbreviationESBG
Formation1963 (1963)
Legal statusNon-profit company
PurposeRepresent Savings banks in European
Location
Region served
Europe
Websitewww.wsbi-esbg.org

At the start of 2015, ESBG members have €500 billion in loans to small and medium-sized enterprises on their books in the European Union, equal to roughly one-third of the EU SME lending market.[1]

History and activities

The European Savings and Retail Banking Group was founded in 1963 as the 'Savings Banks Group of the European Economic Community'. The association changed its name to European Savings Banks Group in 1988 and then to its current name in 2013. ESBG is the sister organization of the World Savings and Retail Banking Institute, with both organizations managed in Brussels by a WSBI-ESBG jointly run Office.[2]

Further information on the Savings Banks international competition: Stock Market Learning

ESBG Members

References
  1. "ESBG Members' Key Figures" (PDF). ESBG. 2014.
  2. ESBG - New publications
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.