As is well known, the second statutory term of the current AEB president expires at the end of March 2014. In this context, the president of the Association discussed the matter of his re-election with the chairmen of the main banks some time ago, as noted in a statement published on June 10.
To date, neither the president of the AEB nor the chairmen of the banks responsible for his re-election have made any decision in this regard.
In accordance with Article 16 of the new AEB statutes, the election of the President of the Association is the responsibility of the General Assembly, based on a consensus proposal from the five banks with the largest volume of assets.