ESBG
The European Savings and Retail Banking Group
The voice of savings and retail banks at the heart of EU decision making
An advocate for a proportionate approach to banking rules
ESBG members have total assets of €6,38 trillion, provide 313 billion euros in loans to SMEs and serve 163 million Europeans seeking retail banking services. ESBG unites at EU level some 871 savings and retails banks, which together employ 610.000 people driven to innovate at more than 41.000 branches.
21
MEMBERS
17
COUNTRIES
871
SAVINGS & RETAILS BANKS
6,38
TRILLION ASSETS(EURO)
163
MILLION EUROPEAN CLIENTS
3.6
TRILLION-LOANS TO NON BANKS (euros)
610000
EMPLOYEES
41000
BRANCHES
ESBG represents the locally focused European banking sector, helping savings and retail banks in European countries strengthen their unique approach that focuses on providing service to local communities and boosting SMEs.
ESBG members support the development of a single market for Europe that adheres to the principle of subsidiarity, whereby the European Union only acts when individual Member States cannot sufficiently do so
Pluralism and diversity in the European banking sector safeguard the market against shocks that arise from time to time, whether caused by internal or external forces. Members seek to defend the European social and economic model that combines sustainable economic growth with high living standards and good working conditions.
ESBG members come together to agree on and promote common positions on relevant matters of a regulatory or supervisory nature.
ESBG members are being represented in various multi-stakeholder groups and industry bodies where their common position is being voiced.
ESBG latest
A Digital Euro: what does it mean for savings and retail banks?
Since its inception, ESBG has been taking an active role in Digital Euro-related discussions and overall, ESBG welcomes
WSBI-ESBG Managing Director discusses Basel IV, CMDI and SVB at the Politico Finance Summit 2023
Politico Finance Summit 2023 held in Paris
ESBG submits its response to the EBA consultation on the overall recovery capacity in recovery planning.
On 14 March, ESBG submitted its response to the consultation launched by the European Banking Authority (EBA)
WSBI-ESBG’s Managing Director advocates for proportionate banking supervision at EBI event
The integration of climate risk considerations in banks’ risk management processes will continue to be one of the key ECB priorities
ESBG submits its response to the EBA consultation on its data collection for the benchmarking exercise in 2024
On 28 February, the ESBG submitted its response to the European Banking Authority (EBA) consultation on its data collection for the benchmarking exercise in 2024
ESBG responded to the ESMA consultation about the use of ESG terms in funds’ names
On 17 February, ESBG submitted its response to the ESMA consultation about the use of ESG terms in funds’ names
A single voice
We assemble and disseminate contributions to EU policymaking through a single voice, provide up-to-date information on technological and marketing advances through information on trends on products and services, and present opportunities to network and build relationships with like-minded institutions in a series of committees and task forces.
