European Association of Co-operative Banks
BankingBruxelles, Belgium11-50 Employees
The European Association of Co-operative Banks (EACB) represents, promotes and defends the common interests of its 27 member institutions and of cooperative banks, with regard to banking as well as to cooperative legislation. Founded in 1970, today the EACB is a leading professional lobbying association in the European banking industry. Cooperative banks play a major role in the financial and economic system. Their resilience during the crisis made cooperative banks a key driving force in the economic recovery. With 2.400 locally operating banks and 36.000 outlets, they serve more than 227 million customers, mainly consumers, SMEs and communities. Europe’s cooperative banks represent 90 million members and 737,000 employees and have an average market share of about 20%.