In his acceptance speech, President Mills stated that “the composition of our new Administrative Board presents an optimal balance from the point of view of geography, business models and gender.“ EAPB's newly elected nine-member board is composed of six women.
On November 12, the first global summit of all Public Development Banks took place during the Paris Peace Forum, an initiative of the World Federation of Development Finance Institutions (WFDFI) and the International Development Finance Club (IDFC) that aims to bring together all actors in global governance and promote their commitment to multilateralism. For this purpose, the summit gathered more than 450 Public Development Banks (PDBs) operating at the local, national regional and international levels. PDBs are public institutions controlled or supported by governments. They have a public mandate and their operations implement countries’ commitments to development and international solidarity, in line with the Sustainable Development Goals (SDGs).
The national and regional promotional banks and funding agencies, members of the EAPB, have taken measures in response to the Covid-19 crisis, fulfilling their role as counter-cyclical state instruments. Their high-level intervention capacities are fully available to participate actively in Europe's economic recovery. The Covid-19 Crisis has hit the global economy with unprecedented intensity. This crisis is very different from the one we witnessed ten years ago. It is spreading extremely quickly and is gradually bringing all countries to an economic halt. This crisis, which is gaining a strong foothold in major economies across the globe, especially in the United States of America, requires a rapid, reasoned and coordinated response.
The European Association of Public Banks (EAPB) held its Annual Reception and CEO Conference in Brussels on the 28th and 29th of November 2018. Mr. Philippe Mills, EAPB President and CEO of SFIL opened the Annual Reception highlighting the role of public banks and municipality funding agencies as gate openers in the area of sustainable finance. Mr. Masamichi Kono, Deputy Secretary General, OECD delivered the keynote speech on Sustainable Finance for Europe: Challenges and Opportunities.
On October 10, EAPB held a workshop on the role of ‘public banks in implementing financial instruments in EU Cohesion Policy within MFF’ as part of the European Week of Regions and Cities. The workshop highlighted the importance of financial instruments in cohesion policy - a set of tools allowing to increase significantly the concrete impact of EU funds. They are highly flexible - meaning they can be used for any type of funds (ERDF, EARDF, ERDF) and can help to reach a wide variety of objectives (from energy efficiency to competitiveness).
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