WebEx
The COVID-19 crisis has, among many other things, caused a rise in non-performing loans. A combination of government measures has been helping to cushion the effects from COVID and COVID containment measures on firm and household finances, thus mitigating the immediate effects on firm failures and household bankruptcies. As these measures are phased out, firm failures and non-performing loans may rise. How severely will this affect bank balance sheets and profitability? What do bank stress tests tell us, where are their limits? What are the implications for banks’ business strategies including loan provisioning, and for financial regulation and supervision?
Keynote Address
Pier Carlo Padoan, Chairman of the UniCredit GroupKeynote Address
José Manuel Campa, Chairperson of the European Banking Authority (EBA)Public Guarantees for Small Businesses in Italy during Covid-19
Fabrizio Core, Erasmus University, Tinbergen Institute and Filippo De Marco, Bocconi University, presentationBanking diversity, financial complexity and resilience to financial shocks: Evidence from Italian provinces
Beniamino Pisicoli, University of Rome Tor Vergata, Dipartimento di Economia e Finanza presentationPost-COVID NPLs: effectiveness of government measures and implications for banks
Maciej Grodzicki, Adviser, Systemic Risk and Financial Institutions Division, ECB presentationNon-performing Loans – Different this Time?
Jakob de Haan, SUERF President I University of Groningen presentationNon-Performing Loans: lessons learned - and challenges ahead
Rainer Martin, Lead Economist, Joint Vienna Institute (JVI) presentationMind the gap: When and how to unwind COVID-support measures to the banking system?
Thorsten Beck, Professor of Financial Stability; Director, Florence School of Banking and Finance; SUERF Fellow presentation
