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Inter-Alpha Group of Banks

The Inter-Alpha Group of Banks was created in 1971 by six banks in the European Community to provide a platform for the regular exchange of ideas and to explore areas for cooperation between its member banks. The group is a non-hierarchical association and is maintained by mutual agreement with each bank retaining full autonomy and independence.

It was one of the banking clubs set up during the 1960s and 1970s when a number of European banks attempted to cooperate at an international level.[1]

Function

The group's function has evolved to:

  • Provide a platform for the regular exchange of ideas at the executive and senior management level
  • Allow specialists to meet and discuss topics of particular interest
  • Establish areas of cooperation, particularly in international trade
  • Train bank management through annual Inter-Alpha Banking School and annual Inter-Alpha Banking Management Programme at INSEAD at Fontainebleau near Paris
  • Create a framework for individual banks within the Group to work together

Members

Membership of the group has grown to eleven banks, representing 15 European countries:

See also

References

  1. ^ Rehan Ul-Haq; Jorg Itschert (January 2004). "International Banking Strategic Alliances". Palgrave Macmillan.
  • Mauro Guillén, The Rise of Spanish Multinationals, European Business in the Global Economy

External links


    inter, alpha, group, banks, created, 1971, banks, european, community, provide, platform, regular, exchange, ideas, explore, areas, cooperation, between, member, banks, group, hierarchical, association, maintained, mutual, agreement, with, each, bank, retainin. The Inter Alpha Group of Banks was created in 1971 by six banks in the European Community to provide a platform for the regular exchange of ideas and to explore areas for cooperation between its member banks The group is a non hierarchical association and is maintained by mutual agreement with each bank retaining full autonomy and independence It was one of the banking clubs set up during the 1960s and 1970s when a number of European banks attempted to cooperate at an international level 1 Contents 1 Function 2 Members 3 See also 4 References 5 External linksFunction EditThe group s function has evolved to Provide a platform for the regular exchange of ideas at the executive and senior management level Allow specialists to meet and discuss topics of particular interest Establish areas of cooperation particularly in international trade Train bank management through annual Inter Alpha Banking School and annual Inter Alpha Banking Management Programme at INSEAD at Fontainebleau near Paris Create a framework for individual banks within the Group to work togetherMembers EditMembership of the group has grown to eleven banks representing 15 European countries AIB Group Ireland Novo Banco Portugal Commerzbank Germany ING Group Netherlands Intesa Sanpaolo Italy KBC Bank Belgium Nordea Norway Denmark Finland and Sweden National Bank of Greece Greece NatWest Group UK via Williams amp Glyn s Bank Santander Spain Societe Generale FranceSee also Edit Banks portalABECOR European Financial Services Roundtable Financial market Financial servicesReferences Edit Rehan Ul Haq Jorg Itschert January 2004 International Banking Strategic Alliances Palgrave Macmillan Mauro Guillen The Rise of Spanish Multinationals European Business in the Global EconomyExternal links EditInter Alpha Group of Banks This European bank or insurance related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Inter Alpha Group of Banks amp oldid 1009777401, wikipedia, wiki, book, books, library,

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