Profit.ro Financial Forum „We are financing the restart of the economy”
Solutions to the economic recovery, following the huge difficulties encountered in the COVID-19 crisis, cannot work without involving the financial markets, whether they come from the area of government support programs or private sector initiatives. The banking market, investment and pension funds, the stock market and insurance companies are the ones that are expected to finance the restart of the economy in the next period. Financial market players, however, were also affected by the restrictions imposed during the pandemic and the effects passed on in multiple sectors. Their managers are looking for their own solutions for adaptation and reinvention, in a period marked by uncertainty and market volatility, with rising inflation, resettlement of monetary policy, technological changes and customer behavior. Of immediate interest to the public – the population and companies – were various support programs to overcome the liquidity crisis and lack of funding. More or less functional, they have tried to cover urgent financing needs, but can only be a stage in the recovery. The recovery of the economy on a solid basis requires, from now on, additional measures to go beyond the coverage of temporary cash flow problems. Companies must not only survive in difficult times, but also adapt to a rapidly changing world of technology, reinvent themselves, innovate, find resources to finance investments in these directions. Efforts in which not only banks but also players in the capital market or in insurance can be involved. A long-term development opportunity also comes from significant funding from the PNRR, a program in which the involvement of the financial sector is important.
PANEL I: Post-pandemic bank financing
Panel 2 – Reinventing Perspectives for the Stock Exchange, Funds and Insurance
LIVE on Profit News TV, www.profit.ro and Facebook.com/Profit.ro
Date: 8 decembrie 2021
Where: Event LIVE on Profit News TV, www.profit.ro and Facebook.com/Profit.ro
Moderator: Oana Osman – Chef Editor Profit.ro
10.00-10.05 – Opening speech Oana Osman – Chef Editor Profit.ro
10.05-11.15 – Panel I – Post-Pandemic Bank Financing
• Adrian Câciu – Minister of Finance
• Sergiu Manea – CEO, Banca Comerciala Română
• Bogdan Neacșu – President, Romanian Association of Banks (ARB), CEO, CEC Bank
• Sergiu Oprescu – Executive President, Alpha Bank Romania and General Manager of the Alpha Bank International Network
• Florin Ilie – Deputy CEO, Head of Wholesale Banking, ING Bank Romania
11.20-12.50 – Panel II – Reinventing Perspectives for the Stock Exchange, Funds and Insurance
• Valentin Ionescu – General Manager, General Management, Reinsurance Insurance Sector, Financial Supervision Authority (ASF)
• Adrian Tănase – CEO, Bucharest Stock Exchange (BVB)
• Bogdan Drăgoi – CEO, SIF Banat Crișana
• Radu Crăciun – President, Romanian Association of Privately Administered Pensions (APAPR); General Manager, BCR Pensii
• Marian Siminică – Executive Director, Institute of Financial Studies (ISF)
• Alexandru Ciuncan – General Manager, Union of Romanian Reinsurance Insurance Companies (UNSAR)
• Mădălin Roșu – President, Romanian Motor Insurers Bureau (BAAR)