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Euribor-EBF Newsletter- 3rd edition

target dates

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On 14 December 2000, the Governing Council of the European Central Bank (ECB) has decided that, from 2002 until further notice, the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) system will be closed, in addition to Saturdays and Sundays, on the following days:
  • New Year's Day
  • Good Friday (Catholic/Protestant)
  • Easter Monday (Catholic/Protestant)
  • 1 May (Labour Day)
  • Christmas Day
  • 26 December

For further information, please visit the Website of the ECB.

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EURIBOR-EBF » EONIA® » Steering Committee

Steering Committee

As further detailed in Article 7 of the Eonia® Code of Conduct, the Steering Committee consists of 10 members. The Chief Executive of the European Banking Federation (EBF) is a permanent member of the Steering Committee while the other members have a mandate of 2 years (renewable).
All the members of the Steering Committee must be independent and not subject to instructions from the companies or organisations to which they belong.
The Steering Committee currently consists of the following persons (end of mandate: April 2013) :

G. RAVOET

Chief Executive EBF

A. BIEWALD

Commerzbank AG [Euribor® EBF]

A. COVIN

Unicredit Group [Euribor® EBF]

J. SULIN

Nordea [Euribor® EBF]

A. TORRALBA

BBVA [Euribor® EBF]

A. SEIGNAT

Crédit Agricole [EACB]

J.M. VERDUGO

Confederacion Española de Cajas de Ahorros [ESBG]

G-H. SIEVEKING

Investitionsbank [Euribor® ACI]

Z. CHATZIMPEI

National Bank of Greece [Euribor® ACI]

M. BESCOND

Société Générale [Euribor® ACI]

J. MAHON (observer)

Allied Irish Banks (Euribor® EBF)


Click here for the Minutes of Euribor Steering Committee meetings.

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The Steering Committee usually meets twice a year in Brussels. Yet, ad hoc meetings can be organised whenever necessary.
The Steering Committee oversees the compliance with the Code of Conduct and monitors market developments.
Further information on the role of the Steering Committee can be found in Article 8 of the Euribor® Code of Conduct.
Members of the Steering Committee can only attend the meetings in personam and therefore cannot send any representative.