World Savings and Retail Banking Institute (WSBI)'s members get together for the first time since 2018 at the 26th World Congress, in Paris.
Paris, 7 July 2022 – The World Savings and Retail Banking Institute (WSBI), representing over 7,000 organisations globally and serving some 1.7 billion customers, held today its 26th Congress ‘Regionally rooted, globally responsible’ with focus on how to move forward with financial sustainability in the current challenging times.
“Feeling and acting socially responsible is inextricably linked to our identity. The fact is we were born that way, it forms part of our DNA, and it is our vocation. All of this translates into our way of doing banking that is fundamentally different from other players in the sector, and furthermore, it is profitable, efficient and fair”, said WSBI President, Isidro Faine, as he addressed over 200 participants from 4 continents who gathered today in Paris for the first time since 2018.
Sustainability was the key topic at the centre of the discussions and panels, as savings and retails banks seek the most effective ways to move forward on the topic and contribute to address the pressing environmental needs.
The internationally renowned mountaineer and activist, Reinhold Messner, presented his vision for a sustainable future.
Sustainable financial regulation, the role of the physical branch in the digital era, and the most recent geopolitical shifts were some of the topics covered today.
“This kind of crisis moments are the time that we have to realise our power and to fulfil our duty to the fullest by contemplating on what we can deliver in the face of these challenges,” said WSBI Managing Director, Peter Simon, at the end of the first day of this event.
The 26th World Congress is held in Paris on 7-8 July.
