The European Association of Public Banks, together with four other European banking associations (EBF, EACB, EMF-ECBC and ESBG), presented today a set of high-level principles regarding the communication between SMEs and banks around loan applications. The principles, developed in discussions with European SME organisations, aim at promoting high quality feedback on credit applications, enabling SME clients to better understand the reasons behind the bank’s decision.
On June 6, the European Association of Public Banks (EAPB) organised its semestrial General Assembly in Sofia, Bulgaria. The event was kindly hosted by the Bulgarian Development Bank (BDB). EAPB member BDB is a publicly owned financial institution, its mission is to provide access to finance for small and medium-sized enterprises.
EAPBs new website has been designed to improve user friendliness and appeal. In addition to the changed design and layout of the pages, new functions have been implemented and the content was updated.
On November 23, the European Commission published a set of proposals on the current legislative framework of the EU Banking Union. The proposals constitute the most substantial amendments to the existing provisions ever since the establishment of the post-crisis framework and will make important changes to the texts of various regulations and directives (Capital Requirements Regulation (CRR), Capital Requirements Directive IV(CRDIV), Bank Recovery and Resolution Directive, Single Resolution Mechanism Regulation (SRMR)).
On November 15, the European Association of Public Banks (EAPB) organised its semestrial General Assembly in Brussels, Belgium. The event was kindly hosted by the Permanent Representation of the State of North-Rhine Westphalia and NRW.BANK.