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.
28
MEMBERS
20
COUNTRIES
873
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
Policy Advisor in CSR
The World saving and the Retail Banking Institute (WSBI) and the European Savings and Retail Banking Group (ESBG) is looking for a Policy Advisor in CSR.
ESBG’s new position paper on the digital euro highlights pivotal open issues to be addressed by the legislators
Digital Finance | Following the publication of a proposal for a Regulation on the establishment of the digital euro on 28 June 2023, the European Commission launched a public call for feedback on the…
ESBG advocates for further clarity and consistency in IFRS 9 Impairment requirements
Financial Reporting | On 13 September, ESBG responded to the European Financial Reporting Advisory
ESBG provides overall assessment on clients’ sustainability preferences under the current framework by replying to the ESMA’s Call for Evidence
Sustainable Finance/ On September 13, the ESBG submitted its response to the European Securities and Markets Authority
ESBG’s response to the Commission’s consultation on withholding tax procedures
Position Paper | Auditing, Accounting And Reporting
ESBG responds to Commission’s call for feedback on its legislative package on CMDI
On 31 August, ESBG shared its feedback with the European Commission on the legislative package which aims to review the Crisis Management and Deposit Insurance
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.
