Czech Banking Association

We have been actively involved in the preparation of legal standards related to banking and finance. We are addressing almost all areas of banking – from banking supervision, payments or capital market, to accounting or internal audit. We are helping the legislative and executive powers with our comments and opinions at all stages of the legislative process. Our goal is to support the stability of conditions and the attractiveness of the business environment in the Czech Republic. We are also providing constructive inputs into discussions on how to ensure a meaningful protection of the interests of final customers of banking services.

An integral part of our activities is representing the interests of our members and of the Czech Republic in international banking and financial institutions. We are part of the European Banking Federation (EBF / FBE), the most important non-governmental partner of EU bodies in the field of banking. We are also active in the European Payments Council (EPC), the decision-making and coordinating body serving as an umbrella organization for the European banking sector in the area of payments, and last but not least, we are also members of the European Money Markets Institute (EEMI).

Sustainable finance has evolved from a marginal theme into one of the key banking trends. Many banks have become highly proactive in this area and are already carrying out activities aimed at strengthening the sustainable prosperity of the Czech Republic, digitizing their activities (transition to "paperless" processes), reducing carbon footprints in their own operations, or offering sustainable products (for instance within the framework of pension savings). And we at CBA provide them with support and expert background for these activities. The final achievement was the drafting of the Memorandum for Sustainable Finance and the creation of the Sustainability Commission (2021), which will also deal with how banks can make a concrete contribution to creating conditions for the sustainable development of the Czech Republic.

The work of the Association is built on the combined expertise of nearly five hundred banking experts who come to join in the work of the professional structures of the Association. The Secretariat of the Association also makes use of its expertise and contributes to this work. Since our members are important partners for us, we represent them within their membership in our negotiations with regulators at both working and political levels. In cooperation with the membership, we create and publish standards and codes that help not only banks to set the necessary rules. We also organize expert seminars and conferences.