According to the EBA Risk Dashboard, EU banks continue to improve overall quality of their loan's portfolio and the average ratio of non-performing loans (NPLs) to total loans continues its downward trend. Nevertheless, the widespread dispersion among EU countries, along with still high amount of NPLs in banks' balance sheets, remain a vulnerability for the European banking sector as a whole.
In March 2018 the Commission proposed an ambitious and comprehensive package of measures to tackle NPLs in Europe, capitalising on the significant progress already made in reducing risks in the banking sector.
The first discussion of the event series "ESBG Spotlight" will focus on the action plan set to tackle NPLs in Europe and will present the perspective and contribution of the European Central Bank.
***IMPORTANT: Please note that the event will be held under the Chatham House Rule.***
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About the speaker:
Kisselevsky, Head of
the European Central Bank’s Representative Office in Brussels
After completing Master degrees in business administration (ESSEC, 1992), in Sciences Po (1994) and in Law (University of Paris II, 1995) in Paris, Mr Kisselevsky started his professional career as Economist at the Banque de France in 1996. In 1998 he was appointed as Economist at the European Central Bank (ECB) headquarters in Frankfurt to prepare for the arrival of the euro. After that follows an appointment at the International Monetary Fund in Washington in 2001 before taking up a position as Eurosystem project coordinator in banking supervision at the Bank of Russia in Moscow in 2003. After returning to the ECB in Frankfurt to work as Principal Economist in 2005 and later as Deputy Head of the Press Division from 2009, Boris returned to Moscow in 2012 to work as Financial Counsellor at the French Embassy. He was appointed as Deputy Head of the Outreach Division for the ECB in Frankfurt in 2015 before taking up his role as Head of the ECB's Representative Office in Brussels in 2017. In this capacity, he maintains close contacts with relevant counterparts in other EU institutions, bodies and fora, as well as private sector associations, organisations and think tanks, in the areas of central banking and the ECB's banking supervisory competencies, with the aim to identify upcoming issues of relevance to the ECB and fostering awareness of ECB policy views.