German Savings Banks Association, DSGV, joins European Banking Institute

The German Savings Banks Association (DSGV) has joined Frankfurt-based European Banking Institute (EBI) as a supporting member.

“EBI is one of the most important hubs for international academic research on European banking regulation and supervision” said Dr Karl-Peter Schackmann-Fallis, Executive Member of the Board of the German Savings Banks Association (DSGV).

Schackmann-Fallis continued: “We are pleased to join this network of 28 academic members, representatives of core EU institutions such as the European Banking Authority, the European Central Bank and the Single Resolution Board as well as European banking associations. The EBI’s Academic Working Programme includes topics such as research on proportionality of banking supervision laws, an area which is of high relevance not only to the academic community and politicians, but particularly to DSGV’s regional, retail-oriented Savings Banks.”

DSGV has been a long-time proponent of a more proportionate approach to banking regulation, advocating for significant reductions in fixed compliance costs for small and mid-sized, non-complex credit institutions.

Dr Thomas Gstaedtner, President of the Supervisory Board of the EBI, said: “In my role as President of the Supervisory Board of the EBI, I warmly welcome DSGV as a new Supporting Member of our Institute. The participation of the German savings banks is of great importance for the EBI. They play a crucial role towards households and SMEs, and this highlights the importance of local banks for the European economy. The high-speed development of European banking regulation and supervision, and its potential impact on the banking business models, indeed requires a tightened dialogue between academia, the industry and decision-makers/supervisors, fueled by academic studies which lay the ground for more informed decisions. The EBI is also aiming at building bridges between new generations of researchers from the 28 European universities which make up the EBI. The EBI is working on an exchange programme for this purpose allowing young European researchers to acquire practical banking and supervisory knowledge.”

Enrico Leone, Chancellor of the European Banking Institute, said “I am delighted to welcome the German Savings Banks Association. I am sure DSGV will be able to contribute and enrich the discussion within our Advisory Board by proposing a regionally focussed point of view and a pronounced sensibility on socially responsible and sustainable themes. All our members are looking forward to working with DSGV.”