|09:00 – 09:30||Registration / Coffee & Tea|
|09:30 – 09:45||Opening remarks|
|09:45 – 10:00||Keynote Speech|
- Vladimir Petrović, Head of Macroprudential Supervision Division, National Bank of Serbia
- Filip Šanović, Acting Assistant Minister, Ministry of Finance, Republic of Serbia
|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?
- What obstacles remain in order to further lower NPLs in SEE countries – regional overview?
- What are the effects of off-balance NPL for the overall economy, and how to move things forward
- What is the state of national NPL portfolios – strategies moving forward?
- Bankruptcy law enforcement – regional experience
- Arben Malaj, former Minister of Finance and President of the Institute for Public Policy and Good Governance
- Bojan Fras, Vice-governor, Croatian National Bank
- Dr. Imre Balogh, Executive Director, Bank Asset Management Company (DUTB d.d.)
- Filip Vučagić, Director/Partner Colliers International, Croatia
- Stefan Antonić, Attorney at law in cooperation with Deloitte
- Raj Apte, Head of Restructuring for Central and Southeast Europe, EY
- Aleksandar Zarić, Business Environment Director, USAID Cooperation for Growth Project in Serbia.
|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?
- Josh Silver, Head of Portfolio Acquisitions, APartners Capital
- Jonathan Wheatley, Principal Investment Officer, Distressed Assets – Europe & Central Asia, International Finance Corporation
- Andreea Moraru, Senior Banker – Financial Institutions, EBRD
- Miloš Savić, Portfolio Manager, FIMA Invest
- Ivana Žitnik, Head of Department, Legal Collection of Secured Receivables, EOS Matrix Croatia
- Attila K Csongrady, Counsel, Solicitor (England and Wales), Allen & Overy LLP
|12:30 – 13:00||Networking Break / Coffee & Tea|
|13:00 – 14:15||PANEL III – RAISING EFFICIENCY AND MANAGING RISK (panel sponsored by EOS Matrix)|
|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
- Silvio Pedrazzi, Chairman of the Board, Association of Albanian Banks; CEO, Intesa Sanpaolo Bank Albania
- Domagoj Karadjole, Member of the Management Board (Chief Risk Officer, Chief Financial Officer), Hrvatska poštanska banka dd.
- Ali Erbilgic, Policy Expert, European Banking Authority
- Kristina Rayyan, Head of Early Retail Collections, AIK Bank
- Vladimir Vesović, Head of Late Workout Department Late Workout Department, Raiffeisen banka
- Milena Vukotić, Head of Corporate Special Credit, UniCredit Bank Serbia
- Jelena Jović Milentijević, EOS Matrix Serbia, Managing Director
|14:15 – 15:15||Networking Lunch|
|15:15 – 16:15||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?
- Harish Kumar, Managing Director, Alvarez & Marsal Financial Industry Advisory Services LLP
- Marko Mićanović, Head – Restructuring & Workout Division, Sberbank
- Mia Lazić, Partner, Šavorić & Partners
- Slađana Popović, MRICS RV, Associate Director, Valuations and Advisory Services, CBRE
- Aleksandar Zarić, Business Environment Director, USAID Cooperation for Growth Project in Serbia