The purpose of the EY/EBF knowledge partnership is to convene European banking sector members in a way that explore best practices in strategically important areas so that banking can enable inclusive long-term value for banks, businesses and citizens


EBF/EY Knowledge partnership: 2021 ‘Build back better’ with strong, resilient and forward-looking banks

by Wim Mijs and Nigel Moden

Embracing diversity & inclusion across the economy

by Burçak Inel and Juliet Charles

Diversity, equity and inclusion in Banking:
Impact of COVID-19

A joint paper by EY and the European Banking Federation

Managing uncertainty, ensuring resilience

A joint paper by EY and the European Banking Federation

Are Volatile Geopolitics and Macroeconomics Disrupting the Path to Net Zero?

A joint paper by EY and the European Banking Federation


by Wim MIJS and Nigel MODEN

Covid-19 has accelerated the urgency and pace of transformation needed across the banking sector as it continues to support households and businesses during these challenging times. Recognizing this need, the banking sector is keen to help society ‘Build Back Better’ and make itself fit for the future in the post-pandemic era.

Wim Mijs , EBF Chief Executive Officer

Nigel Moden, EY EMEIA Financial Services Banking and Capital Markets Leader

At EY and the European Banking Federation, we believe that a strong, resilient and forward-looking banking sector is vital to our growth prospects in Europe. Therefore, we are pleased to announce a Knowledge Partnership that will feed and drive multi-stakeholder dialogue between regulators, supervisors, banks, banking associations and content experts. The partnership will focus on the topics of Capital/Balance sheet restructuringSustainable banking; and Diversity and Inclusion in Banking, three areas we believe will feature prominently on the agenda in a post-Covid-19 environment.

Through our partnership and in consultation with the EBF member organisations across Europe, we will explore strategic challenges posed by the current context, identify the resulting consequences in terms of policy needs, and consider practical actions that can be taken now as banks embark on their next steps in an ambitious transformation agenda. Our joint approach on the defined topics will be forward-focused, aiming to connect the dots across professional disciplines.

EY and EBF believe that this partnership will play an important industry-wide role, informing and driving change, and identifying further collaboration opportunities. We look forward to convening conversation with banking sector members about the three focus areas and will share further updates as the programme evolves.

A Golden key, and not a silver bullet: addressing the gender gap in financial literacy as part of a broader strategy for economic empowerment

By Burçak Inel, Director of Financing Growth, EBF

Financial education and gender equality are central to delivering a thriving European economy. Combined with other efforts to tackle systemic inequalities, financial literacy can be a golden key for creating equal economic opportunities.

Burçak Inel, Financing Growth Director at the European Banking Federation

 Across the EU, significant gaps remain among women and men in terms of levels of financial literacy. Ensuring that women are not left behind requires a coordinated effort by the EU, national and local public authorities, academia, as well as the private sector. The European banking sector can accelerate the journey to equality by becoming a more diverse employer and provider of finance and by incorporating financial literacy as a major plank of its inclusion strategy. Following on a number of EBF initiatives in this field for years, we are dedicating the 2021 edition of European Money Week to ‘counting everyone in’ when it comes to financial literacy. This article explores the benefits, challenges and best practices in building financial literacy for girls and women.

Financial literacy enables achieving personal and professional goals

Financial literacy can help women and men access a wider range of efficient financial services and products suited to their needs, allowing them to achieve important personal and professional goals, such as planning and saving for retirement, starting a new business or acquiring a home.[i] When equipped with financial literacy, women and men can save more and invest in more diverse assets, and make better borrowing decisions. Hence financial literacy is good for the people who acquire it, as well as for the overall economy. Full article available HERE


EY and the EBF are working together with European banking associations and their member banks to enable inclusive long-term value for banks, businesses and citizens and respond to the challenges and opportunities in an increasingly complex and uncertain world.

This collaboration sees EY and the EBF convening conversations and sharing insights with the members and member banks across three areas of growing strategic importance:

  • – Capital and balance sheet restructuring:  Creating the opportunity for thought-provoking dialogue,  gathering banking leaders from across Europe to share their own insights with a view to moving forward collectively in addressing common challenges
  • – Sustainable banking: Delivering impactful guidance to help banks to navigate through increasing complexity in Sustainable Finance
  • – Diversity and Inclusion (D&I): Exploring the role of banks as employers and agents of change in society to advance the D&I agenda

A healthy, principled and inclusive banking sector is vital to enable inclusive long-term value for banks, businesses and citizens. This knowledge collaboration creates a powerful opportunity for sector members to work together to strengthen banking and maximize its contribution to European economic recovery.





At EY, our purpose is Building a better working world. The insights and quality services we provide help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. Over 75,000 EY professionals are dedicated to financial services, serving the banking and capital markets, insurance, and wealth and asset management sectors. We share a single focus – to build a better financial services industry, one that is stronger, fairer and more sustainable.
Through our four integrated service lines — Assurance, Consulting, Strategy and Transactions, and Tax — and our deep sector knowledge, we help our clients to capitalize on new opportunities and assess and manage risk to deliver responsible growth. Our high-performing, multidisciplinary teams help them fulfil regulatory requirements, keep investors informed and meet stakeholder needs.
We believe a better working world is one where economic growth is sustainable and inclusive. We work continuously to improve the quality of all our services, investing in our people and innovation. And we’re proud to work with others – from our clients to wider stakeholders – to use our knowledge, skills and experience to help fulfil our purpose and create positive change.
For more information visit Twitter handle: @EYnews

ABOUT the European Banking Federation

The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The federation is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere. For more information visit Twitter handle: @EBFeu