Association bancaire pour l'euro | |
Seat of the Euro Banking Association in Rue de Courcelles in Paris[1] | |
| Abbreviation | ABE-EBA |
|---|---|
| Established | 1985; 40 years ago (1985) |
| Founder | 18 commercial banks and theEuropean Investment Bank |
| Type | Trade association |
| Legal status | Nonprofit organization |
| Purpose | Support and create dialog between European payments industry practitioners |
| Location | |
Region served | Europe |
| Membership | Nearly 200 members that consist of banks and related payment providers (2024) |
Official languages | English, French |
Secretary General | Thomas Egner |
| Funding | Membership fees |
| Website | www |
TheEuro Banking Association (EBA), also referred by its French acronymABE-EBA (French:Association bancaire pour l'euro), is atrade association for the Europeanpayments industry with close to 200 member banks and organisations from the European Union and around the world aimed at fostering and driving pan-European payment initiatives. The ABE-EBA has strived to contribute to the creation of a standardisedSingle Euro Payments Area (SEPA).[2]
The EBA was instrumental in the establishment in June 1998 ofEBA Clearing, to which it transferred projects that were under development at the time includingEURO1, but has always been a separate organization.[3]
The ABE-EBA was founded in Paris in 1985 by 18 commercial banks and theEuropean Investment Bank. TheEuropean Commission as well as theBank for International Settlements (BIS) supported the founding of the ABE-EBA. Since then, the number of members has risen to almost 200. The institutions come from all member states of theEuropean Union as well as from Norway, Switzerland, Australia, China, Japan, theUnited Arab Emirates and the United States.
In its early years, the agenda of the ABE-EBA included the promotion of theEuropean Monetary Union (EMU) and the development and management of a private industry ECU clearing system stretching across Europe. This was transferred in 1999 to EBA Clearing.
As of end-2024 the following banks were members of ABE-EBA, with national classification as indicated on the association's website:[4]
In 1986, the ABE-EBA appointed Gilbert Lichter as its secretary-general,[5] a position he held until 1989 and again from 1992 to 2016.[6] Since 2016, the secretary-general of the ABE-EBA has been Mr Thomas Egner.[7]