Annual Conference of the Bank of Albania - “A Brave New World? The Future of Banking in Emerging Europe. Rethinking Size, Structure, Ownership, Policies and Incentives”

Publication date: 28.10.2019


The Bank of Albania and the London School of Economics and Political Science’s Institute of Global Affairs (LSE IGA) co-organized the 2019 Annual Conference of the Bank of Albania entitled: “A Brave New World? The Future of Banking in Emerging Europe. Rethinking Size, Structure, Ownership, Policies and Incentives”.

This year, the purpose of the conference was to assess the ongoing shifts in the banking systems and more broadly in financial sectors in terms of size, origin, ownership and incentives globally and regionally, and the implications for the Albanian banking sector and the Southern-Eastern Europe (SEE) region. Among others, the conference investigated how banks in the SEE and in particular in Albania deal with new challenges that arise both from regulators and non-bank financial entities; how banks alter their business model; how they engage with innovative financial products; and ultimately whether they can continue operate as traditional financial intermediaries or not.

The conference brought together senior central bankers from the region, representatives from international financial institutions, market participants and leading academics.




Welcome and opening addresses  


Presentations according to the agenda


FIRST SESSION – Global and EU-wide trends reshaping the landscape for Southern-Eastern Europe


Vassilis Monastiriotis, Associate Professor of Political Economy, London School of Economics; Director of LSE Research on South East Europe

Nadeem Ilahi, Senior Resident Representative, IMF Regional Office for Central, Eastern and Southeastern Europe

Erik Berglof, Director, LSE Institute of Global Affairs

Ralph De Haas, Director of Research, European Bank for Reconstruction and Development

  • EU and SEE banking systems: cooperation and common challenges

Davide Stroppa, Senior Bank Expert, Banking Markets, Innovation and Products Unit, European Banking Authority

Milan Deskar-Škrbić, Advisor, Modelling Department, Croatian National Bank

Paola Angeletti, Head of the International Subsidiary Banks Division, Intesa Sanpaolo SpA

Silvio Pedrazzi, Chairman, Albanian Association of Banks


SECOND SESSION: - Policy challenges and implications

Marianne Nessén, Senior Advisor to the Executive Board, Sveriges Riksbank

Michael Wuerz, Head of Department, Financial Stability and Macroprudential Supervision Department, Oesterreichische Nationalbank

Ioannis Asimakopoulos, Senior Economist, Head of Banking & Capital Markets Section, Economic Analysis and Research Department, Bank of Greece

  • The role of non-bank finance, high-tech and fin-tech in conventional commercial banking

Peter Botoucharov, Vice President, Global Fixed Income, T. Rowe Price International Ltd

Heinz Wiedner, Vice Chairman of the Supervisory Board, Raiffeisen Bank Albania


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