ABOUT US

ABOUT US

The World Savings and Retail Banking Institute helps savings and retail banks around the world to thrive.

It brings together savings and retail banks from about 69 countries, ​representing the interests of some 6,400+ banks on all continents.

WHO WE ARE

Founded in 1924, WSBI brings together savings and retail banks from 69 countries, representing savings and retails banks worldwide.

WSBI focuses on international regulatory issues that affect the savings and retail banking industry, and provides a platform for knowledge exchange between member banks.

Its aim is to achieve sustainable, inclusive, and balanced growth and job creation.

Supporting a diversified range of financial services to meet customer needs, WSBI favors an inclusive form of globalization that is just and fair. It supports international efforts to advance financial access and financial usage for everyone.

WSBI recognizes that there are always lessons to be learned from savings and retail banks from different environments and economic circumstances. It therefore fosters the exchange of experience and best practices among its members and supports their advancement as sound, well-governed and inclusive financial institutions.

Isidro Fainé

PRESIDENT

WSBI

Peter Simon

MANAGING DIRECTOR

WSBI

It all started 100 years ago... in Milan...

MILAN 1924

On 31 October 1924, 350 visionaries from 27 countries convened in Milan for the 1st International Thrift Congress. They shared a vision: to promote savings as a key to financial security and independence.

That historical day marked the birth of the International Savings Banking Institute (ISBI). Under the pioneering leadership of President Marchese de Capitani d’Arzago and Director Prof. Filippo Ravizza, they established the “World Thrift Day,” now known as “World Savings Day”. This occasion continues to be celebrated by our members spread to 4 continents every 31 October.

The word ‘savings’ originates from the early 14th century, symbolizing ‘salvation’, a way to protect oneself from life’s uncertainties.

This profound meaning continues to guide the World Savings and Retail Banking Institute and its members every day for a century.

BECAUSE

AND THEN A HYME CAME TO LIFE

First written and performed in 1928 with Italian lyrics, “The Hyme of Thrift” of the WSBI, an ode to promote the virtue of thrift, has touched the lives of people around the world, both young and old for more than 90 years now.

This melody then crossed the borders and was subsequently performed in other languages as part of a competition among national savings banks. The first winner of that contest was Belgium, followed by Great Britain, Austria, Poland, Czechoslovakia, France, Spain and finally Germany.

Some highlights from our history

WIESBADEN, 1954

4th International Savings Banks Congress

VATICAN, 1955

Pope receives the members of the Management Council of ISBI

VIENNA, 1974

First International Credit Conference

GENEVA, 1977

16th General Asssembly of th ISBI Geneva

PENANG, 1986

SubRegional Workshop on Savings BanksManagement Policies Asia Kuala Lumpur Penang 7-11 July

VIENNA, 1987

15th World Congress of Savings Banks , Conference room.

CAMEROON, 1991

Savings Banks Support International Trade and Small Businesses 7th meeting of the African Group Yaoundé (Cameroon) 9-12 December 1991 Africa regional meeting

CAIRO, 1992

31st ISBI General Assembly Savings Banks New World Perspectives Cairo 8-11-1992

PARIS, 1993

17th World Congress of Savings Banks Paris 1993

TOKYO, 1996

Poster of the 18th World Savings Banks Congress in Japan.

BERLIN, 2000

19th World Congress of Savings Banks Berlin 27-28 June 2000

MADRID, 2003

The King Juan Carlos and Queen Sophia of Spain make their entrance to the venue at the occasion of the 20th World Congress of Savings Banks

BENIN, 2010

Meeting of the WAMU Savings Banks and Postal Checks Group Cotonou (Benin) September 14-15, 2010

MARRAKECH, 2012

The venue of the 23th WSBI World Congress

MEXICO CITY, 2014

Assembly of the Regional Group of Latin America and the Caribbean WSBI

WASHINGTON, 2015

US Senator Elizabeth Warren gives a speech at the 24th World Congress of Savings and Retail Banks

NEW DELHI, 2018

Group photo at the 25th WSBI World Congress in India

PARIS, 2022

Photo at the 26th WSBI World Congress in France