The enhancement of cooperation among financial institutions in the region is the goal of the sixth Meeting of Central Bank Governors of the region, which will gather governors and representatives of banks and the financial sector at the Lone hotel in Rovinj.
The meeting is intended for central bank governors, central bank experts, presidents and members of the management boards of commercial banks in the region, as well as representatives of international financial institutions, with topics focused on the challenges of monetary policies and addressing accumulated non-performing loans.
The initiated normalization of the FED’s monetary policy, as well as the expectation of normalization of monetary policy in the euro area, has brought the discussion about the macroeconomic effects of the initiated normalization on emerging market economies to the forefront.
The banking systems in the participating countries are currently in relatively good condition, highly capitalized, profitable, and liquid. However, the level of non-performing loans remains elevated, which can adversely affect the lending to the economy, investment, and economic activity.
Speakers
Nicolas Véron (Senior Fellow, Bruegel, Peterson Institute for International Economics), Boris Vujčić (Governor of HNB), Radoje Žugić (Governor of the Central Bank of Montenegro), Dimitar Bogov (Governor of the National Bank of Macedonia), Boštjan Jazbec (Governor of the Bank of Slovenia), Fehmi Mehmeti (Governor of the Central Bank of Kosovo), Senad Softić (Governor of the Central Bank of BiH), Vedran Šošić (Vice Governor of HNB), Stanislava Zadravec Caprirolo (Director of the Association of Banks of Slovenia), Zdenko Adrović (Director of HUB), Christoph Schoefboeck (Chairman of the Management Board of Erste Bank), Toni Stojanovski (Deputy Chairman of the Association of Banks of Macedonia), Berislav Kutle (Association of Banks of BiH), Velimir Šonje (Arhivanalitika), Miodrag Šajatović (Editor-in-Chief of Lider), and Milan Deskar Škrbić (Macroeconomic Analyst, Erste Bank)
The banking panel will present research and a comparative analysis of the efficiency of banking systems in new and Southeast Europe.
In the context of the beginning of a new cycle of margin reduction, the expected rise in money market interest rates, and the certainty that the next credit cycle will not bring very high growth rates of credit portfolios, the question arises of how to ensure risk reduction and growth in the efficiency of credit intermediation?
Is there progress in the region in the regulation and functioning of judicial systems that could reduce risks, how much room is there for reducing regulatory costs, what is the share of technological changes in the changes in the cost structures of banks, and are there pressures and plans for the consolidation of banks, especially in smaller markets? These are just some of the questions that participants in the discussion within the second thematic block of the conference will seek answers to.
