Role Dutch Banking Association
Banks play a key role in our society, money being a ubiquitous commodity that is linked to almost anything we do: at work, in private life, and in many other situations. The banking industry plays a crucial role in this. Banks are keenly aware of their position in society and the growing demand for transparency and openness. Representing the common interests of the Dutch banks, the Dutch Banking Association (Nederlandse Vereniging van Banken, NVB) is happy to meet this growing demand.
History
NVB was established in 1989 to represent the common interests of the Dutch banks. Up to that time, the Nederlandse Bankiersvereniging, NBV, established in 1949, and the Discussion Group of the joint banks (College van Overleg van de gezamenlijke banken, CvO), established in 1971, served as a platform for interbank consultations. Since the merger with the Employers’ Association for the Banking Industry (Werkgeversvereniging voor het Bankbedrijf, WGVB ) in 2001, NVB also represents socio-economic interests. Virtually all banks operating in the Netherlands, including foreign bank branches, belong to the NVB membership.
Mission statement
The Dutch Banking Association strives towards a strong, healthy and internationally competitive banking industry in the Netherlands. Representing the common interests of the banking sector, it strives towards the effective operation of market forces whilst taking into account the interests of its interlocutors.
Tasks
There are many subjects that transcend the importance of individual banks. The diversity of interlocutors, the great European importance and the constantly changing landscape in which the banking industry operates require a combination of forces. This is why the Dutch Banking Association consults with the regulatory authorities, the Dutch government and many social organisations and interest groups. Collective bargaining on behalf of the banking sector is also part of NVB’s portfolio. To represent the banks’ interest at the European level, NVB is a member of the Banking Federation of the European Union.