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Credit Risk after Covid

Dates:
  • Thu 21 Jan 2021 13.00 - 14.00
  Add to Calendar 2021-01-21 13:00 2021-01-21 14:00 Europe/Paris Credit Risk after Covid

The Covid-19 crisis has brought credit risk back to the attention of regulators, supervisors and banks. On the one hand, policymakers are requiring banks to prepare themselves for a future increase in Non-Performing-Loans (NPL) by setting aside enough loan loss provisions, also in light of the recently adopted IFSR 9 accounting rules. On the other hand, the existence of public moratoria and the prevailing uncertainty on the evolution of the pandemic make it more difficult for banks to assess borrowers’ creditworthiness and build stable and reliable macroeconomic forecasts. Banks are thus required to adjust their credit risk models and build new IT and data infrastructure to manage the current situation.

On this background, bank supervisors have provided additional guidance on credit risk identification and measurement in the context of the pandemic, and are requiring boards to engage tightly with the management on the matter, thus discussing provisioning policies and NPE management strategies in details.

In this context, this online debate will:

  • Assess the credit risk situation in the banking sector
  • Take stock of the regulatory and supervisory actions concerning credit risk management in the context of the pandemic
  • Reflect upon banks’ operating models and strategies to ensure credit risk monitoring and management after Covid
  • Discuss the implications for the role of the NED in the management of credit risk by the management

Online event - DD/MM/YYYY
  Online event -

The Covid-19 crisis has brought credit risk back to the attention of regulators, supervisors and banks. On the one hand, policymakers are requiring banks to prepare themselves for a future increase in Non-Performing-Loans (NPL) by setting aside enough loan loss provisions, also in light of the recently adopted IFSR 9 accounting rules. On the other hand, the existence of public moratoria and the prevailing uncertainty on the evolution of the pandemic make it more difficult for banks to assess borrowers’ creditworthiness and build stable and reliable macroeconomic forecasts. Banks are thus required to adjust their credit risk models and build new IT and data infrastructure to manage the current situation.

On this background, bank supervisors have provided additional guidance on credit risk identification and measurement in the context of the pandemic, and are requiring boards to engage tightly with the management on the matter, thus discussing provisioning policies and NPE management strategies in details.

In this context, this online debate will:

  • Assess the credit risk situation in the banking sector
  • Take stock of the regulatory and supervisory actions concerning credit risk management in the context of the pandemic
  • Reflect upon banks’ operating models and strategies to ensure credit risk monitoring and management after Covid
  • Discuss the implications for the role of the NED in the management of credit risk by the management


Location:
Online event -

Affiliation:
Robert Schuman Centre for Advanced Studies

Type:
Online Debate

Contact:
Florence School of Banking and Finance - Send a mail

Links:
Full information about the debate and to register

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Page last updated on 18 August 2017