Last July 1st, Spain assumed the Presidency of the Council of the European Union.

This appointment represents a historic opportunity to make progress on all the challenges ahead, especially those regarding the green and digital transition, as well as the various ongoing regulatory issues. Therefore, in this period of profound changes, dialogue between different social groups, businesses, and public institutions is key to drive economic progress and social well-being.

In order to contribute to achieving this goal, WSBI-ESBG Spanish member CECA published a high-level paper entitled “Sector Positioning: Contributions and Proposals” This initiative aims to highlight the Savings and Retail Banking position towards the Spanish Presidency of the Council of the European Union.

CECA is dedicated to representing, defending, and promoting the interests of its member entities. To fulfil this purpose, CECA provides them with advice and support in their efforts to offer services that foster financial inclusion and access to credit. The work of CECA members is carried out with a sustainable approach, emphasizing social action and financial education.

Furthermore, CECA actively participates as a member in World Savings and Retail Banking Institute (WSBI) and the European Savings and Retail Banking Group (ESBG). These associations prioritize financing for families and SMEs, a model that aligns completely with CECA’s member entities. Currently, CECA represents approximately 40% of the Spanish financial system in terms of deposits. You can consult more information about them in the link: https://www.ceca.es/.

Spanish Presidency of the Council of the European Union 2nd half of 2023 Positioning of the CECA sector: contributions and proposals