WSBI focuses on the following activities in order to strengthen its position as an international hub for savings and retail banking.
WSBI provides its members with the opportunity to influence international policy and standard setting bodies and to contribute the achievements and solutions of the savings and retail banking industry. This takes place through the publication of position papers and regular high-level and/or working-level meetings with international bodies such as:
The International Monetary Fund (IMF) with the purpose of raising awareness concerning the role and contribution of savings and retail banks to financial stability and economic development.
In addition WSBI transmits its main institutional messages on current international financial service regulation, financing the real economy and financial inclusion to the G20. This advocacy is based on positions elaborated through member consultation and expertise provided by seven WSBI-ESBG standing advisory committees and a dedicated team of financial service industry experts at the WSBI-ESBG joint office.
WSBI has been successful in drawing the attention of industry stakeholders to the critical business positions, in particular in terms of accessibility, affordability and sustainability, that are a pre-requisite to the goal of full financial inclusion as well as supporting members in developing their related business models.
WSBI has developed working platforms to provide members access to a global network of retail banking experts sharing similar business values, visions and ambitions to enable exchanges of experience and best practices, to reflect their expectations and needs and to support their efforts in addressing critical challenges.
These platforms also provide the opportunity to disseminate and promote the leading edge knowledge of WSBI in such areas as agent banking, digitalization, mobile channels and remittances and provide members with opportunities for business development within the WSBI network or through partnerships with external stakeholders.
The current focus of knowledge sharing at WSBI is on Innovation and peer-to-peer exchanges of information and best practices on improving the customer experience and reducing time to market.