The President of the European Association of Public Banks (EAPB) Philippe Mills and the Chairman of the Management Board of Bulgarian Development Bank (BDB) Angel Gekov opened this year's session of the General Assembly of the Association. The event was held on 6-7 June in Sofia and was attended by 42 representatives of a total of 90 European financial institutions working in the field of public-private investments. These include the German NRW, the French SFIL, the Finnish Munifin, the Hungarian Exim Bank, Croatian HBOR and others.
The meeting was organized by the Bulgarian Development Bank, which has been a member of EAPB since 2005. The Forum is a platform for decision-making and discussion at the highest level and is held twice a year. During the two-day session issues of the Association's agenda were discussed and priorities for the next half-year were outlined.
EAPB is the voice of the banking public sector to the EU. A special guest of the General Assembly was the Deputy Executive Director of EFSI, Mrs. Iliyana Tsanova, who discussed with the participants the issues related to the implementation of the Investment Plan for Europe (the Juncker Plan).
EAPB is one of the most prestigious associations of credit institutions in Europe whose market share in Europe is 15%. The total assets of EAPB members amount to over EUR 3 500 billion. Topics of interest for the association include banking supervision, capital markets, commercial law, payments and development policies.