EAPB Comment Letter on SGEI Draft Decision

EAPB highly welcomes the draft for a revised Decision of Services of General Economic Interest (SGEI) which would provide deeply needed clarity and legal certainty to schemes to support affordable housing.  Generally, the proposed amendments provide legal clarity on the possibility to support affordable housing and would help EAPB members to increase their support activities to households in need of housing at affordable conditions.

Joint Letter on Omnibus Taxonomy Delegated Act

Clarity is essential to realise the simplification objectives of the Omnibus I initiative on Sustainability and support the competitiveness of financial institutions in the EU. The lack of legal certainty on which Taxonomy reporting rules can be applied is presently undermining the Commission’s simplification and burden relief aims in practice.

EAPB Contribution to the Feedback Period on the MFF

EAPB position paper on simplification

We welcome the European Commission’s simplification agenda, including the recent Omnibus initiatives that aim to reduce administrative burdens across key EU policy areas such as sustainability reporting, due diligence requirements, investment procedures, and the regulatory environment for mid-sized companies. These initiatives are an important first step toward a more coherent, proportionate, and investment-friendly regulatory framework.

Position on Reforming State Aid Rules for Affordable Housing

The European Association of Public Banks (EAPB) welcomes the European Commission’s initiative to revise the State aid rules for services of general economic interest (SGEI), with particular focus on affordable housing. EAPB considers this reform both urgent and essential, given the persistent housing shortages and affordability crisis affecting large parts of the European Union. As financial institutions with a public mandate, National Promotional Banks (NPBs) have a long-standing role in financing and delivering affordable and social housing across Member States.