ECB Forum on Banking Supervision 2021: Credit risk: managing through the pandemic

Credit risk: managing through the pandemic

Public support measures and crisis response policies kept bankruptcies at bay during the coronavirus (COVID-19) pandemic. But there is still no clarity about the longer-term impact of the COVID-19 crisis on the credit quality of banks’ loan portfolios. Is today’s credit risk management adequate to deal with tomorrow’s challenges? Are investors confident that the worst is behind us? Have supervisors monitored banks closely enough or is there another shoe to drop?

Panellists:

Ana Botín, Group Executive Chairman of Banco Santander, S.A. and President of the European Banking Federation
Elizabeth McCaul, Member of the Supervisory Board of the European Central Bank
David Teitelbaum, Head of European Advisory Offices and Head of Global FIG Advisory, Cerberus
Nicolas Véron, Senior Fellow, Bruegel and Peterson Institute for International Economics
Moderator: Patrick Jenkins, Deputy Editor, Financial Times