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Press release
13th of February 2025

EU Open Finance Plans

No withdrawal now – instead a careful review and substantial improvements?

The German Banking Industry Committee (GBIC) calls for a comprehensive and careful review of the European Commission’s proposal for a Regulation on a Framework for Financial Data Access (FiDA).

Press release
12th of February 2025

EU needs to prioritise competitiveness

The European Commission presented its work program for this year today. “The thrust of reducing excessive bureaucracy is exactly right, because Europe must become more competitive,” says Heiner Herkenhoff, CEO of the German Bankers Association.

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The Association of German Banks in numbers

179

Employees work for the Association of German Banks

3

locations. We work in Berlin, Brussels and Frankfurt/Main.

179

members are part of our association, mainly private banks operating in Germany.

16

Fintechs are among our members