Wednesday, March 23, 2022

In cooperation with

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?


Wednesday, 23 March 2022
Ernest Gnan, SUERF Secretary General I OeNB
Session 1 - Post-COVID non-performing loans and outlook in view of the Russia-Ukraine crisis

Keynote Address

Pier Carlo Padoan, Chairman of the UniCredit Group

Keynote Address

José Manuel Campa, Chairperson of the European Banking Authority (EBA)
Session 2  - 9th SUERF UniCredit Foundation Award Paper Presentation

Public Guarantees for Small Businesses in Italy during Covid-19

Fabrizio Core, Erasmus University, Tinbergen Institute and Filippo De Marco, Bocconi University, presentation

Banking diversity, financial complexity and resilience to financial shocks: Evidence from Italian provinces

Beniamino Pisicoli, University of Rome Tor Vergata, Dipartimento di Economia e Finanza presentation
Introduced by Giannantonio De Roni and Annalisa Aleati, UniCredit Foundation
Session 3 -  Corona and NPLs: Empirical evidence and outlook
Moderation: Elena Carletti, UniCredit Group; Bocconi University; SUERF Fellow

Post-COVID NPLs: effectiveness of government measures and implications for banks

Maciej Grodzicki, Adviser, Systemic Risk and Financial Institutions Division, ECB presentation

Non-performing Loans – Different this Time?

Jakob de Haan, SUERF President I University of Groningen presentation

Non-Performing Loans: lessons learned - and challenges ahead

Rainer Martin, Lead Economist, Joint Vienna Institute (JVI) presentation

Mind 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