Banking and Payments Federation Ireland

The Banking and Payments Federation Ireland (BPFI) is the main representative body for the banking and financial services sector in Ireland. The BPFI was formed in 2014 from the merger of the Irish Payment Services Organisation with the Irish Banking Federation (IBF).[1][2] Its predecessor, the Irish Banking Federation, was founded in 1973 upon Ireland's accession to the European Communities. The IBF in turn succeeded the Irish Banks Standing Committee established upon independence in 1922.

Former Fianna Fáil Senator and Party General Secretary Pat Farrell is the chief executive.[3]

The group comprises domestic and international banks and financial services institutions operating in Ireland, and works with members, government, the Central Bank of Ireland and other groups to support the development and growth of the banking sector in Ireland. In 2009, the group ran seminars for the Irish financial services industry on data protection, customer relationship management and fraud prevention.[4]

The Federation is a member of the European Banking Federation and the International Banking Federation.[5][6]

  1. ^ "Irish Banking Federation amalgamates and expands reach to Brussels". The Irish Financial Review. 9 September 2014.
  2. ^ Atkin, Joanne (September 9, 2014). "Merger forms Banking and Payments Federation Ireland". Mortgage Finance Gazette.
  3. ^ "Pat Farrell, Chief executive of the Irish Banking Federation on the Central Bank Report". Newstalk. 22 August 2012. Retrieved 22 August 2012.
  4. ^ "Irish Banking Federation (IBF)". BetterRegulation. Retrieved 2009-11-26.
  5. ^ "EBF Members". European Banking Federation. Archived from the original on January 21, 2009. Retrieved 2009-11-26.
  6. ^ "BBA Statements of Recommended Accounting Practice (SORPS)". 2008-08-01. Retrieved 2009-11-26.