Driven by the three "R's"
With roots in 1924, WSBI-ESBG members enjoy a long history of socially responsible banking around the world. Although organizational structures vary from country to country, they each share certain values in their business models, embedded within the three “R”s.
Social responsibility is a core value of our members, towards their clients, employees, communities and the environment. Unlike Wall Street players, WSBI members are Main Street players.
Retail
Actively providing financial services for people – individual consumers and their households – as well as for micro-, small- and medium-sized enterprises (MSMEs) and local authorities.
Regional
Deploy broad distribution networks rooted within the communities they serve, including local and regional outreach in both urban and rural areas. Savings mobilized locally support the local economy. Members offer both digital solutions but they also keep the human touch through extensive branch networks.
Responsible
Social responsibility is a core value of our members, towards their clients, employees, communities and the environment. Unlike Wall Street players, WSBI members are Main Street players, serving all segments of population. Savings and retail banks follow a balanced approach for financial sustainability and a return to society. Profits make a sustainable bank; profit maximization should not be the ultimate goal. ESBG member banks rather give back part of locally made profits by reinvesting in the communities they serve, such as via philanthropic projects and foundation work.
Together WSBI and ESBG...
WSBI ESBG
WSBI ESBG Charter for Responsible Business
A signatory of the United Nations Global Compact since 2006, WSBI-ESBG follows the 10 Principles within it. These principles describe fully social and environmental responsibility commitments to follow. WSBI-ESBG is supportive of the Sustainable Development Goals, or SDGs, which range from ending world poverty to fighting climate change by 2030.
63
COUNTRIES
87
MEMBERS
1.7BN
CUSTOMERS
556MIL.
TRANSACTIONS ACCOUNTS
Overtime for Ukrainian war refugees: DSGV employees donate over 100,000 euros through extra work
European Savings and Retail Banking Group members are standing in solidarity with people in need in…
Stand with Ukraine: Erste family provides extensive humanitarian aid
European Savings and Retail Banking Group members are standing in solidarity with people in need in…
The German Savings Banks Association ( DSVG ): More than 100,000 accounts already opened for Ukrainian war refugees
European Savings and Retail Banking Group members are standing in solidarity with people in need in…
CaixaBank has been leveraging its network of branches in Spain to assist asylum seekers and refugees fleeing Ukraine
European Savings and Retail Banking Group members are standing in solidarity with people in need in…
Ukraine: ESBG members reaffirm their social responsibility
European Savings and Retail Banking Group members are standing in solidarity with people in need in…
Scale2Save brings Ugandan financial stakeholders to commit for financial inclusion
A WSBI knowledge sharing event in Kampala ended with joint call to action for financial inclusion.
Scale2Save champions inclusive financial services for Nigerians
WSBI's programme held its first event in-person event since the pandemic in Lagos to great success.
ESBG members waive bank transfer costs to support Ukrainian people
European Savings and Retail Banking Group members are standing in solidarity with people in need in…
Scale2Save is empowering Nigerian women through financial inclusion
WSBI's programme shares the lessons learned from its work with LAPO Microfinance using…
Access to better technology for (Supervisory) Reporting
The four European banking associations (EACB, EAPB, EBF and ESBG) co-hosted the “Access to better…
ESBG response to ESMA’s consultation on guidelines of MiFID II suitability requirements
ESBG's response to the European Securities and Market Authority (ESMA) consultation on some MiFID…
Developing a proportionate, fair and efficient IRRBB framework in the EU
On 4 April 2022, ESBG responded to the EBA consultation specifying technical aspects of the revised…
European Commission review of the Mortgage Credit Directive
SBG sent its response to the European Commission questionnaire on what to include in the upcoming…
Customer protection
The ESBG, together with eight other associations has written to the European Data Protection Board,…
Strengthening the quality of corporate reporting and its enforcement in the EU
The consultation aims to evaluate the impact of the EU framework on the three pillars of high…
European Commission Banking Package proposal
ESBG responded to the European Commission “have your say" consultation on the Banking Package…
Considerations on the BCBS principles for the management & supervision of climate-related financial risks
Considerations on the BCBS principles for the management & supervision of climate-related financial…
Considerations on the BCBS principles for the management & supervision of climate-related financial risks
Considerations on the BCBS principles for the management & supervision of climate-related financial…
Clear and fair rules for the use of machine learning in Internal Rating Based models
The European Savings and Retail Banking Group welcomes the initiative of the European Banking…
Daisy chain of internal MREL
Resolution groups with entities in only one member state should be exempted from the “daisy chain”…
Sanctions Painkiller: Series of webinars on navigating sanctions compliance
Virtual Panel |
28 January 2022
Cyber security and fighting cyber crime are among the top concerns for all banks across the globe. News on identity and data theft, various cyber-attacks, security breaches resulting in large losses, make regular headlines.
Conference on cyber security in banks
Virtual Panel |
28 January 2022
Cyber security and fighting cyber crime are among the top concerns for all banks across the globe. News on identity and data theft, various cyber-attacks, security breaches resulting in large losses, make regular headlines.
“It’s the labour supply, stupid”
Virtual Event |
27 January 2022 | 14.30 CET
The coronavirus (COVID-19) shock affected some demographic groups’ labour force participation rate differently from what past cyclicality would suggest.
