The FBA in Sweden was founded in 1982 to allow international banks to unite under an umbrella organisation that would work to promote their common interests in the Swedish bank market. It also created an official forum for discussion between the international financial institutions present in Sweden.
The Foreign Bankers Association in Sweden represents Banks and Financial Institutions established in Sweden.
The prerequisit to become a member in the FBA is that the organisation’s head office is incorporated outside of Sweden and the local entity is authorised to conduct financial services business by the Swedish authorities.
FBA received the status as a consultative body in 1984 allowing the organisation to promote international banks interests in the Swedish bank market.
The objective of FBA is to promote relations between the international banks and financial institutions conducting business in Sweden.
FBA also works to facilitate international banks relations with Swedish authorities and other organisations or associations in Sweden that are of particular interest to the banks and their activities.
Introduction to FBA Sweden
Important Episodes throughout our History
FBA played an active role as a consultive body in the 1980s, lobbying towards the authorities to give international banks the right to obtain a bank license and later to open branches in Sweden. After it became possible in 1990 to open branches the organisation has continued to act in the interest of its members and serve as a meetingplace to share ideas and information.
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