High-level conference of Banka Slovenije and the International Monetary Fund

01/23/2024 / Press release

Central, Eastern and Southeastern European (CESEE) economies are still catching up with other European Union (EU) countries in the development of their financial systems. Banks play an outsized role in corporate financing, but nevertheless the volume of corporate loans and total bank assets is below the EU average. Broader capital markets are not utilized to their full capacity, and corporate financing through channels such as angel, seed and venture capital financing remains limited. The gap between the CESEE countries and most other EU member states is still significant. Taking all this together, the region’s economy would benefit from faster financial development convergence.

Banka Slovenije and the International Monetary Fund (IMF) have recognized the importance of addressing these issues at the conference "Financial systems in the CESEE region", to be held in the Slovenian coastal city of Portorož on 17 May 2024.

Opening remarks will be given by Alfred Kammer, the Director of the European Department at the IMF, and Boštjan Vasle, Governor of Banka Slovenije. High-level international and Slovenian speakers and panelists at the conference, including Representatives of central banks, ministries of finance, Organisation for Economic Co-operation and Development (OECD), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), European Banking Authority (EBA) and European Comission, namely also Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA), as well as experts from financial and consulting companies, will discuss the state of the financial systems in the region and possible ways forward.

The first of three sessions at the conference will address the functioning and development of banking systems in the CESEE region, and their role in the context of the evolving global financial landscape. Views on the availability of financing for capital and business projects in the countries of the CESEE region will be exchanged in the second session. The final session will be devoted to policy responses to financial system challenges and global trends.

The event will be held in English and is free of charge to attend, with a live webcast available. Translation into Slovenian will be provided only for the participants in attendance. Online registration is open until 10 May 2024.

The draft programme can be viewed by clicking on the icon below. 

We look forward to welcoming you.