|09:00 – 09:30
||Registration / Coffee & Tea
|09:30 – 09:45
|09:45 – 10:00
|10:00 – 11:00
||PANEL I – SEE NPL MARKET SNAPSHOT
||In the last few years, the South-Eastern European economy, which has been burdened with distressed assets, has seen significant joint efforts being made by local and international regulators, international financial institutions, banks, real estate sector players and investors, to resolve the accumulated mass of NPLs in the financial sector. Much awaited legislative changes and state strategies have begun to show results throughout the region, subsequently attracting investors and servicing companies to actively participate in this sector. Some countries have been more successful than others and no country in the region has recorded an NPL ratio rate above 20%. Despite improvements, NPL ratios remain high. What more will be done?
- Banking sector – how far has consolidation gone and what does it mean for SEE NPL market in the future?
- The rise of credit – economic outlook for SEE in 2018/19? What changes has IFRS 9 brought?
- What obstacles remain in order to further lower NPLs in SEE countries – regional overview?
- Bankruptcy law enforcement – regional experience
- Limited fiscal space – what are the major changes? What is the state of national NPL portfolios – strategies moving forward?
|11:00 – 11:30
||Networking Break / Coffee & Tea
|11:30 – 12:30
||PANEL II – INVESTORS AND SERVICERS – WHAT LIES AHEAD?
||The SEE NPL market has seen some landmark transactions over the past few years. Despite the overall decrease in NPL volumes, regional players are still announcing major transactions that will take place in the upcoming period across the region.
- What lies ahead and do we still have some major deals ahead of us?
- Synthetic structuring – why does it work?
- Who will invest in SEE NPLs in 2018?
- A need for servicers – what’s the next move?
- Are secondary markets on the rise? Experience from the region
- Secondary market impediments – what needs to be done?
- One size doesn’t fit all – what types of asset classes are the next hot investments?
- Real Estate funds – new players in the region?
- How to navigate the sellers’ market – pricing gaps in 2018?
|12:30 – 13:30
||Networking Break / Coffee & Tea
|13:30 – 14:30
||PANEL III – RAISING EFFICIENCY AND MANAGING RISK
||Investors ultimately price NPL portfolios on a case-by-case basis and one of the key determinants of the pricing is the quality of the documentation and exposure data that banks can provide on their NPL portfolios, making a bank’s NPL strategy and operational plan crucial to getting the best prices for your NPL portfolios. What challenges are facing banks in SEE markets? How can banks improve the quality of their data and what technology is available to help? What can banks do to improve pre-workout and workout processes?
- Pre-workout and workout – best practices?
- Investing in retail NPLs – a business opportunity for the banking sector?
- Can banks be retail NPL investors?
- Assessing the effects of EU implemented regulations (EC, ECB, EBA, etc.) on EU and non-EU countries?
- Building internal capacities for the better management of NPLs and restructuring
- Underlying assets – has EC asset classification helped banks and did it have an effect on attracting investors?
- IT solutions
|14:30 – 15:30
|15:30 – 16:30
||PANEL IV – PREVENTION IS THE BEST CURE
||It seems that the NPL tsunami has passed and regional banks have developed an early warning sign alarm as a prevention measure. What are regional legislators, companies and banks doing in order to prevent another wave of NPLs?
- Strengthening the legal framework for bankruptcy, insolvency and pre-bankruptcy proceedings – regional examples
- Corporate restructuring – building up skills and capacities of workout professionals, insolvency office holders and members of the judiciary.
- Reform of land registries – regional experience.
- Valuating collaterals – the state of the real estate market
- Out-of-court debt restructuring – the way out?