Romanian Association of Banks
Budget
€50 — €0
EP Access
0
accredited persons
Staff
3
0.45 FTE
EU Grants
None
Mission & Goals
The Romanian Association of Banks (RAB) is one of the strongest professional associations in Romania which represents the entire banking market - made up of 28 banks active as Romanian or foreign legal persons in the financial sector - and which expanded by including other 12 affiliate members, non-bank companies, thus setting the foundation of a partnership with the intention of contributing to the consolidation of a predictable, transparent and reliable business environment in Romania. The priorities of the banking industry are related to maintaining the banking sector’s role as main financier of Romania’s economy while assuring the stability and credibility of the banking sector.
EU Legislative Interests
The Romanian Association of Banks is interested in all the initiatives and activities related to Banking Regulation and Supervision and we organize meetings with the authorities on related subjects. Regulation (EU) 2024/1623 of the European Parliament and of the Council of 31 May 2024 amending Regulation (EU) No 575/2013 as regards requirements for credit risk, credit valuation adjustment risk, operational risk, market risk and the output floor and the need to assess the possibility of a transition from temporary to permanent for Article 468 - Temporary treatment of unrealised gains and losses measured at fair value through other comprehensive income and Article 500a - Temporary treatment of public debt issued in the currency of another Member State. Retail Investment Strategy (RIS) Savings and Investments Union (SIU) Strategy SEPA instant credit transfer Payment Services Regulation (PSR) Financial Data Access Regulation (FiDA) Data Act and E-ID AML file Sustainable finance agenda EC Targeted consultation on the competitiveness of the EU banking sector
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
https://www.arb.ro/despre-arb/organisme-nationale-si-internationale/organisme-internationale/
Organisation Members
List your own members and other affiliated entities - https://www.arb.ro/despre-arb/membri-arb/ The Representation Office in Brussels of the Polish Bank Association also represents the interests of the Romanian Association of Banks (ARB) on the basis of the bilateral cooperation agreement
Commissioner Meetings
No recorded meetings with EU commissioners.