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World Savings and Retail Banks Institute

The World Savings and Retail Banking Institute is an international banking association. It has 99 members in 76 countries around the world, representing over 6,400 savings and retail banks.

WSBI is the global representative of its members, typically savings and retail banks or association thereof, and fosters cooperation between them. An important area of work is financial inclusion, where the organisation has worked with the Bill & Melinda Gates Foundation and the Mastercard Foundation.

It shares a common secretariat and office with the European Savings and Retail Banks Group in Brussels.

History

WSBI was founded 1924 at the occasion of the First International Thrift Congress in Milan. Until the Second World War the headquarters of the International Savings Banks Institute remained in Milan. But since Milan had suffered from heavy bombings during the war the Institute moved to Amsterdam in 1948.

In 1963, WSBI's sister organization, the 'Savings Banks Group of the European Economic Community' was created to represent European Savings Banks from the merging European markets. This institution was renamed European Savings and Retail Banks Group in 1988 and was renamed to European Savings and Retail Banking Group in 2013

The International Savings Banks Institute was again relocated in 1969, this time to Geneva where it remained until 1994 when it was dissolved. In its place, a newly created World Savings Banks Institute (WSBI) was established in Brussels on 9 June 1994. Since then they have changed their name to the World Savings and Retail Banking Institute and the European Savings and Retail Banking Group (WSBI-ESBG), and continue to operate under a common secretariat located in Brussels.

ESBG Members

The Americas Regional Group

  • Chile: BancoEstado de Chile
  • Colombia: Banco Caja Social; Federación Latinoamericana de Bancos (FELABAN)*
  • Cuba: Banco Popular de Ahorro
  • Dominican Republic: Asociación Popular de Ahorros y Préstamos (APAP)
  • Ecuador: Banco Pichincha
  • El Salvador: Federación de Cajas de Crédito y Bancos de los Trabajadores (Fedecrédito)
  • Honduras: Banco Atlántida
  • Mexico: Banco Inbursa
  • Panama: Caja de Ahorros de Panama
  • Peru: FEPMAC Federación Peruana Cajas Municipales de Ahorro y Crédito Caja Huancayo
  • United States: Independent Community Bankers of America
  • Venezuela: Banco Nacional de Credito

African Regional Group

Asian Regional Group

  • Bangladesh: Bank Asia
  • Cambodia: Cambodia Postbank
  • China: Caixa Economica Postal de Macau; The Bank of East Asia Limited; Postal Savings Bank of China; The Hong Kong Association of Banks
  • India: National Bank for Agriculture and Rural Development (NABARD); State Bank of India
  • Indonesia: PT Bank Tabungan Negara (Persero)
  • Iran: Post Bank Iran
  • Kyrgyzstan: Eldik Bank OJSC
  • Malaysia: Bank Simpanan Nasional (BSN)
  • Pakistan: Central Directorate of National Savings Pakistan (CDNS)
  • Saudi Arabia: Social Development Bank; Arab Gulf Programme for Development (AGFUND)
  • South Korea: Korea Federation of Savings Banks (KFSB); Korea Post, Postal Savings Division Republic of Korea Post
  • Sri Lanka: National Savings Bank of Sri Lanka (NSB)
  • Tajikistan: State Unitary Enterprise Savings Bank of the Republic of Tajikistan (Amonatbonk)
  • Thailand: Government Savings Bank of Thailand (GSB)
  • Uzbekistan: Ipoteka Bank; XALQ Bank
  • Vietnam: Agribank Vietnam

European Regional Group

See also

References