Press releases

August 22 2019

Legal bans are no help

The German Banking Industry Committee (GBIC) comments as follows on the discussion about a possible legal ban on negative interest rates for deposits of less than 100,000 euros.

August 21 2019

German Banking Industry Committee supports transitional period for strong customer authentication of...

GBIC stated against the backdrop of today’s announcement by the BaFin of transitional arrangements for the authentication of online card payments that banks have almost completed their preparations for the implementation of strong customer...

May 23 2019

Italian-German Dialogue on Financial Services: a 10-point agenda from FeBAF and DK

The 10-point agenda was discussed today during the 4th round of the Italian-German Dialogue on Financial Services between the Italian Banking Insurance and Finance Federation (FeBAF, to whom 13 financial associations in Italy adhere) and the DK (...

Comments

September 4 2020

Comments on EC Inception Impact Assessment “Sustainable Finance - obligation for certain companies...

The German Banking Industry Committee has issued its comments to the Inception Impact Assessment of the European Commission.

September 2 2020

Position paper on the European Commissinos legislative draft for the review of the Benchmark...

The German Banking Industry Committee welcomes the European Commission’s decision to provide for the possibility to designate a statutory replacement rate for benchmarks, whose cessation would result in a significant disruption in the functioning of...

September 1 2020

Response to the consultation paper of the European Supervisory Authorities (ESAs) on the disclosure...

GBIC welcomes the proposed measures to enhance sustainability in finance. However, GBIC expresses criticism of the Level II proposals of the European Supervisory Authorities regarding the disclosure of information concerning sustainability factors in...

About us

The German Banking Industry Committee (GBIC) is the voice of the leading German banking-sector associations. These are the National Association of German Cooperative Banks (BVR), the Association of German Banks (BdB), the Association of German Public Banks (VÖB), the German Savings Banks Association (DSGV), and the Association of German Pfandbrief Banks (vdp).
 

GBIC superseded the Zentraler Kreditausschuss (ZKA) in August 2011, carrying on the latter’s work. GBIC develops common banking-industry positions on issues relating to banking law, banking policy and banking practice. These cover, in particular, supervisory, securities and tax legislation. GBIC also drafts standardised rules for the payments sector, including card payment schemes. 

The German Banking Industry Committee (GBIC) is the voice of the leading German banking-sector associations. These are the National Association of German Cooperative Banks (BVR), the Association of German Banks (BdB), the Association of German Public Banks (VÖB), the German Savings Banks Association (DSGV), and the Association of German Pfandbrief Banks (vdp).
 

GBIC superseded the Zentraler Kreditausschuss (ZKA) in August 2011, carrying on the latter’s work. GBIC develops common banking-industry positions on issues relating to banking law, banking policy and banking practice. These cover, in particular, supervisory, securities and tax legislation. GBIC also drafts standardised rules for the payments sector, including card payment schemes. 

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