-
Summary
European banks have enjoyed strong profits recently on the back of higher interest rates, but credit risk is increasingly in the spotlight. Consumers and businesses are struggling with higher costs following the recent surge in inflation, putting pressure on loan repayments, while banks’ exposure to risky areas such as leveraged loans and commercial real estate is a cause of concern for markets.
Join our panel as we discuss the current state of credit risk and asset quality in Europe, how some economies have rid themselves of huge bad loan burdens, and where things go from here.
Why participate?
- Get access to privileged insight from Chief Risk Officers and Credit Managers: What is common across EU countries. Which portfolios are in scope? What is the outlook for 2025?
- Learn more about the current European banking landscape with regards to the threat of credit risk and bad loans in the region and how they are being impacted by higher for longer interest rates and an uncertain geopolitical and macroeconomic outlook
- Hear first-hand about the factors that determine the way European banks are working on the implementation and adaptation of their approach to credit risk within the new landscape
Speaker
Charlotte Norrby
Skandinaviska Enskilda Banken (SEB)
Group Credit Officer
A long timer in SEB (Skandinaviska Enskilda Banken, domiciled in Sweden) with experience in many positions, mainly retail banking. Her current position is Group Credit Officer since 2020.
A long timer in SEB (Skandinaviska Enskilda Banken, domiciled in Sweden) with experience in many positions, mainly retail banking. Her current position is Group Credit Officer since 2020.
Ioannis Stamoulis
Piraeus Bank
Chief Risk Officer
Ioannis holds a Bachelor in Mathematics awarded by Aristotle University of Thessaloniki and a Master’s Degree in Statistics awarded by Athens University of Economics & Catholic University of Leuven.
Ioannis holds a Bachelor in Mathematics awarded by Aristotle University of Thessaloniki and a Master’s Degree in Statistics awarded by Athens University of Economics & Catholic University of Leuven. He joined Piraeus Bank on April 2007 as a Head of Retail Credit Risk Division. In 2017, Ioannis took over as Deputy Chief Risk Officer before taking his current role as Group Chief Risk Officer in 2020. He has also worked in National Bank of Greece as well as in the consulting services.
Pedram Moezzi
S&P Global Market Intelligence
Economist
Pedram is an economist for S&P Global Market Intelligence’s Banking Risk Service (BRS).
Pedram is an economist for S&P Global Market Intelligence’s Banking Risk Service (BRS). His focus is on monitoring banking sectors in emerging European, central Asian and west African economies, for which he provides risk scores, analyses, and forecasts. Prior to joining S&P Global, Pedram worked at the European Systemic Risk Board and the European Central Bank, with a focus on systemic risk, early warning indicators, and macro- and microprudential banking policies and supervision. Pedram holds a Bachelor of Arts degree in Economics from the University of Sheffield. He also holds a Master’s degree in Specialized Economic Analysis for topics in international trade, finance, and development from the Barcelona School of Economics and a Master’s degree in Economics from Universidad Carlos III de Madrid.
S&P Global Market Intelligence
Cathal McElroy
S&P Global Market Intelligence
Reporter, European Financial Institutions
Cathal McElroy is a reporter for S&P Global Market Intelligence's European Financial Institutions team.
Cathal McElroy is a reporter for S&P Global Market Intelligence's European Financial Institutions team. His coverage encompasses the listed European banking sector, with a particular focus on the French and Spanish markets. Cathal has 14 years' experience as a journalist, almost all of which has been spent writing about businesses across a range of sectors. His first job in journalism was with the BBC, before moving to the Middle East where he reported on the region's construction industry. He then spent two years as editor of Bloomberg Businessweek's Middle East edition, devoting significant coverage to the region's burgeoning banking sector. Cathal joined S&P Global in 2016 when he moved back to the UK to return to his passion for writing, taking a role as a reporter on the European real estate sector. He transferred to his current position on the European FIG team in March 2021.
Event Support