EFSE Annual Meeting 2009, Novi Sad, Serbia, 26-28 May

Novi Sad, Serbia, 26-28 May - The theme of the EFSE Annual Meeting 2009 which took place in the city of Novi Sad, Serbia, from 26 to 28 May 2009 covered the effects of the international financial crisis on Southeast Europe and future outlook for the financial sector in this region - addressing it from three different perspectives: investors, commercial banks and microfinance organisations. Panelists included representatives of the donor community, financial practitioners, policymakers, academics and other experts in related fields.

Presentations

Opening Panel Key Note

Dr. Reiner Martin, European Central Bank/Austrian Central Bank

Boom and Bust in the Baltics - What lessons for South-Eastern Europe?

History, Structure and Performance of EFSE

Monika Beck, KfW

Structure and Performance of EFSE

---

Sylvia Wisniwski, EFSE

Financial Crisis under the Microscope

Panel 1 Capital Markets Perspective

Nicolas Krauss, New York University

Can Microfinance (Still) Reduce Portfolio Volatility?

---

Ron Dadina, Minlam Asset Management

Investing in Volatile Markets

---

André Kravchenko, Finca International

Effects of the Financial Crisis from a Microfinance Network Perspective

Panel 2 Banking Sector Perspective

Alenka Smerkolj, Nova Ljubljanska Banka, Slovenia

Banking Sector Perspective

---

Hildegard Gacek, EBRD

SEE Banking Sector in Distress - Current Situation and Outlook

---

Aleksandar Ćalović, Čačanska Banka, Serbia

Steering a Local Bank through the Crisis

---

Prof. Adalbert Winkler, Frankfurt School of Finance & Management

Banking Sector Perspective

Panel 3 MFI Perspective

Eva Terberger, KfW

MFIs' Business Model - Weather-Resistance in the Financial Storm

---

Elvis Ziu, KEP, Kosovo

Financial Crisis & MFI Transformation

---

Luka Đurović, Alter Modus, Montenegro

MFI Perspective

Weathering the Storms: Pro Credit's Experience of Past and Current Crisis

Martin Godemann, Pro Credit Holding/Svetlana Tolmacheva, Pro Credit Bank Serbia

Weathering the storms. ProCredit's experience of past and current crisis

Beyond the Financial Crisis: Where to Go from here?

Bojan Kordic, Komercijalna Banka a. d. Beograd

The Banking Sector of the Republic of Serbia

---

Aleksandar Kremenović, Mikrofin

Beyond the financial crisis: Where to go from here?