8:30 – 9:00
Welcome breakfast and registration
9:00 – 9:20
Welcome remarks and opening interview with Valdis Dombrovskis, Executive Vice-President responsible for an Economy that Works for People, European Commissioner for Trade, European Commission
9:20 – 9:35
Keynote speech by Ana Botín, EBF President and Banco Santander SA Executive Chair
9:35 – 9:55
Interview: Latest views from the Basel Committee with Neil Esho, Secretary General, Basel Committee on Banking Supervision
9:55 – 10:10
Keynote speech by Zbyněk Stanjura, Minister of Finance, Czech Republic
10:10 – 10:45
Spotlight conversation: A strong financial sector for a resilient Europe
- Verena Ross, Chair, European Securities and Markets Authority
- Elena Carletti, Professor, Bocconi University, Member of the Board of Directors and Chair of the Internal Control and Risk Committee, Unicredit SpA
Moderated by Etienne Barel, Deputy CEO, French Banking Federation and Member of the EBF Executive Committee
10:45 – 11:15
11:15 – 11:30
Presentation: Banking industry trends with Lisa Quest, Partner and Co-Head of Public Sector, Oliver Wyman
11:30 – 12:45
The new reality is digital and so is finance
Digitalisation is fundamentally transforming the world of finance, with ever-increasing speed and complexity. Central bank digital currencies (CBDCs) and digital assets have become a prominent part of discussions on the future of banking, payments and financial services globally. In fact, they have prompted central banks and financial intermediaries to re-consider their role in the digital economy. Challenges for authorities and banks are numerous:
- How to ensure control over monetary policy in a digital world?
- What’s needed to safeguard sound and efficient payment systems while promoting innovation and competition?
- What impact will these developments have on the banking system?
- What role will banks play in the future digital money ecosystem?
While digital finance presents great opportunities, it also raises considerable and multi-faceted risks. Both the pandemic and the geopolitical developments have pushed cyber security and resilience higher up on the agenda for banks, legislators and supervisors. However, even as circumstances change, managing speed and complexity in the digital transformation of banking, while safeguarding consumer trust, remains the central objective.
There are no easy answers to these challenges. The digital session of EBF’s Banking Summit will engage different stakeholders to understand their take on key issues within digital finance and explore the path forward.
Panel discussion: The future is here. What is the answer in the new financial ecosystem? Central bank or private digital currencies?
- Marcel Haag, Director Horizontal Policies, DG FISMA, European Commission
- Evelien Witlox, Program Manager, Digital Euro Project, European Central Bank
- Greg Medcraft, Board Member, GBBC Digital Finance PLC
- Ulrik Nødgaard, CEO, Finance Denmark and Chair of the EBF Digital Strategy Group
Moderated by Alexandra Maniati, Senior Director, Innovation & Cybersecurity, EBF
Fireside chat: Managing cyber risk: the other side of the digital coin
- Klaus Löber, Chair of the CCP Supervisory Committee, European Securities Markets Authority
- Christophe Leblanc, Head of the Group Operational Resilience Mission, Société Générale
Moderated by Sébastien de Brouwer, Chief Policy Officer, EBF
12:45 – 14:00
14:00 – 15:15
Easing the economic effects of the Covid pandemic, delivering the transition to Net Zero and accelerating digital transformation will require major financial resources. While the capital markets union might open up access to additional financing in the longer term, bank lending is currently (and will always remain) a core element of the needs of European corporates and households. Our session will focus on unlocking the funds needed to support European growth by addressing the following questions:
- After having absorbed the initial impact of the pandemic thanks to a combined policy reaction, how can banks support corporates and what can authorities do to facilitate the recovery?
- Which prudential tools are most suitable to manage the green transition?
- What do EU businesses need from banks to stay competitive in the globalized economy?
- Which measures could maximize the contribution of the banking system to the European financing needs while preserving its level of resilience?
Following the presentation by Copenhagen Economics, the discussion will explore the regulatory options that can let European banks continue funding their clients in today’s challenging environment.
Keynote speech: Supporting growth and the green transformation: how to maximise the contribution from banks in troubled times by Helge Sigurd Naess-Schmidt, Partner, Copenhagen Economics
Panel discussion with:
- Helge Sigurd Naess-Schmidt, Partner, Copenhagen Economics
- François-Louis Michaud, Executive Director, European Banking Authority
- James Watson, Director of Economics, BusinessEurope
Moderated by Gonzalo Gasos, Senior Director, Prudential Policy & Supervision, EBF
15:15 – 15:45
15:45 – 17:00
Sustainable banking at a time of war – and beyond
The recent economic and geopolitical developments have resulted in a bleak global outlook, including higher energy costs, rising inflation, slower growth, disrupted supply chains, and potential food shortages. The European policymakers are working to secure Europe’s independence from Russian fossil fuels while continuing to advance reforms for sustainable, inclusive, and dynamic growth. Our session will explore how export-oriented and internationally competitive businesses can help deliver Europe’s objectives, including:
- What mix of fiscal, monetary, and regulatory responses are needed to boost vital investments in sustainability?
- What changes will we see in the financing needs of EU companies, regions and citizens?
- How will international trade and trade finance be impacted by the war and other challenges, such as the rise in energy prices and disruptions in supply chains?
- What can banks help with the environmental clean-up and socio-economic reconstruction in Ukraine after the war?
- How can bank financing help overcome these challenges and achieve long-term objectives for the EU and its neighbourhood?
Participants will leave with a deeper understanding of how short-term goals (fighting inflation, helping Ukraine, ensuring food security) can be aligned with long-terms goals (fighting climate change, ensuring a just transition, boosting innovative and competitive jobs), and how the financial sector can help the economy’s changing needs.
Keynote speech: Financing companies and families for today and tomorrow: a banking perspective by Giovanni Sabatini, General Manager, Italian Banking Association and Chair of the EBF Strategy Group for Financing Sustainable Growth
Panel discussion: what policies are needed to overcome the crises and build resilience?
- Alex Pivovarsky, Director for Capital & Financial Markets Development, European Bank for Reconstruction and Development
- Henriette Peucker, Deputy Chief Executive, Association of German Banks
- Jeromin Zettelmeyer, Director, Bruegel
Moderated by Burçak Inel, Director, Financing Sustainable Growth, EBF
17:00 – 17:15
Closing remarks by Wim Mijs, CEO, EBF
17:15 – 19:30
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The federation is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.