The German Banking Industry Committee ( GBIC ) ( German : Die Deutsche Kreditwirtschaft / DK ), known until 2011 as the Central Credit Committee ( German : Zentraler Kreditausschuss / ZKA ) is an industry association of the German banking industry. Its decisions are held normative for the national banking sector – either directly by interbank treaties or indirectly by preparing a corresponding ministerial or Bundesbank decision.
6-578: ZKA is the abbreviation of Zentraler Kreditausschuss Zollkriminalamt zanshin karate academy Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title ZKA . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=ZKA&oldid=933265934 " Category : Disambiguation pages Hidden categories: Short description
12-601: A new name (after almost eighty years). The five founding associations are: By indirection of these associations the Central Credit Committee represents 2,300 financial institutions (2005). The committee itself is not an institution – it is neither registered, nor does it have a postal address. The committee presidency changes annually rotating among the associations for private banks, for savings banks and for co-operative banks. The Central Credit Committee resolves "common statements" (decided unanimously) representing
18-492: Is different from Wikidata All article disambiguation pages All disambiguation pages Zentraler Kreditausschuss The Central Credit Committee was founded in 1932 as a common interest group of the five federal interest groups that represent the financial sector in Germany. Until August 2011, the association was known as the Central Credit Committee ( German : Zentraler Kreditausschuss / ZKA) when it adopted
24-576: The German banking industry like the Central Competition Committee ( Zentrale Wettbewerbsausschuss ) or the Working Group on Automatic Teller Machines. The Central Credit Committee has created the standards in electronic banking which are resolved by proposing agreements ( Abkommen ) that are joined by the banking institutions. Banking institutions that are members of one of the associations in
30-733: The ZKA are naturally bound to join these. The creation of the single market of the European Union (1993) and the introduction of the Eurozone (1999/2002) has made for a shift to make decisions on a European scale. As a consequence the European Committee for Banking Standards (ECBS) was founded in December 1992 and the European Payments Council (EPC) was created in summer 2002. These drive
36-594: The view of the German banking industry on a topic. The statements are published thereby influencing decisions of other institutions like the Federal Financial Supervisory Authority , the Bundesbank or decision-making bodies of the European Union . Publication and press releases are the main task of the presiding association. Additionally the Central Credit Committee supervises joint committees of
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