Banking on Full Recovery? The Financial Sector Post-Crisis

Nine years have passed since the eruption of the global financial crisis, but has the cocktail of remedies applied to safeguard financial stability led to a permanent hangover for banks? The panel discussed the resilience and sustainability of the banking sector and the role that it can play in supporting long-term economic growth, while avoiding the volatility and excesses of the past.

 

Among the topics addressed were the lingering portfolios of Non-Performing Loans across much of the EBRD region, which is now the priority focus of the Vienna Initiative, and the challenges of the changed regulatory environment. Given the pressure on banks’ profitability and the growing relevance of “disruptive” technology in financial services, panellists also considered whether bank business models need to be adapted to reflect different market dynamics and customer preferences.

 

Moderator

Nick Tesseyman

MD, Financial Institutions, EBRD

 

Speakers

Fokion Karavias

CEO, Eurobank S.A.

 

Wojciech Sobieraj

CEO, Alior Bank

 

Carlo Vivaldi

Head of CEE Division, UniCredit

 

Boris Vujčić

Governor, Croatian National Bank

Done