The Euro Banking Association (EBA) plays a major role in the financial industry as a forum for discussing and driving pan-European payment initiatives. The EBA is a country-neutral banking association for payment practitioners with a pan-European mindset and vision. It is therefore well-positioned to actively support banks in their continued migration to the Single Euro Payments Area (SEPA) and in other bankdriven initiatives requiring hands-on co-operation at a pan-European level.
Based on the support of its unique membership, the EBA contributes to the development and improvement of pan-European business practices in co-operation with regulatory and industry bodies. The communication and explanation of these business practices and other industry developments to its members and to the wider industry constitute another important part of the EBA’s mission.
The EBA was founded in 1985 by 18 commercial banks and the European Investment Bank, with the support of the European Commission. Today, the EBA includes close to 200 member organisations from the European Union and across the world.