What are the characteristics and the specificities of SMEs and SME financing? The conference to be held on 24 May, at the ESBG office in Brussels, from 11:00 to 12:30, will aim at answering this question.
ESBG Managing Director Chris De Noose will open the conference with a welcome address, followed by two panels. Panelist scheduled to participate are: Gintaras Griksas, Policy Officer at the Directorate-Gerenal for Financial Stability, Financial Services and Capital Markets Union in the European Commission; Christa Karis, Head of Corporate Relations at the European Investment Fund (EIF); Astrid
Bartels, team leader at Directorate-General for Internal Market, Industry,
Entrepreneurship and SMEs (DG Growth); Dr. Bertram Reddig, Head of EuropaService at the German Savings Banks Association (DSGV); Gerhard Huemer, Director for Economic and Fiscal Policy at the European Association of Craft, Small and Medium Enterprises (UEAPME); and Mark Scicluna, Head of EU and Institutional Affairs at Bank of Valletta.
The first panel will focus on the role of local banks in financing SMEs in the context of the Capital Markets Union and ways forward from a regulatory perspective. It will include topics such as the need for proportionality and adjustments of the legal framework, such as for credit unions, and the SME supporting factor around Basel Committee reflections on credit risk in the Standardised Approach. The event will as well touch on the role of securitisation in SMEs’ financing, in particular synthetic securitisation.
The second panel will tackle the role of the European Investment Fund to foster SME financing and will mainly focus on the SME Initiative as a guarantee mechanism supporting SME lending by combining national, EU and EIB Group resources, the role of banks and the European Investment Fund in accompanying SMEs at early stages of their development.
The workshop will be an opportunity to discuss and have insights on the important aspects of the bond between SMEs and ESBG members. It will also look to find the best ways to bring the main challenges to the attention of policy makers. Time will be allotted for debate. The event will be followed by a networking lunch.
We look forward to seeing you at the event!