EFSE Annual Meeting 2010, Ohrid, FYR Macedonia, 8-10 June

Ohrid, FYR Macedonia, 8-10 June - More than 250 representatives of EFSE's stakeholders from all over the world, including development finance experts, finance and banking practitioners attended the EFSE Annual Meeting, EFSE’s core event, in Ohrid, FYR Macedonia, from June 8 to 10, 2010. The EFSE Annual Meeting gave participants the opportunity to assess and discuss key current issues in financial sector development in Southeast Europe.

The main theme of the EFSE Annual Meeting 2010 was “Growing Responsibly – Growing Responsibility”. Panel sessions addressed various aspects of responsible business practices in the financial sector and included topics such as “Addressing responsible finance for micro and small enterprises and private households”, “Understanding the institutional challenges presented by the current crisis” and “Promoting a responsive and responsible financial sector in times of crisis”.

Presentations

Opening Panel with Central Bank Representatives: Growing Responsibly - Growing Responsibility

Dimitar Bogov, Vice Governor, National Bank of the Republic of Macedonia

Radovan Jelašić, Outgoing Governor National Bank of Serbia

Michael Klein, Former Chief Economist, IFC

Helen Alexander, Managing Director, ProCredit Holding

Growing Responsibly - Growing Responsibility in the EFSE region

Dr. Klaus Glaubitt, Chairman of the EFSE Board of Directors

Sylvia Wisniwski, Chief Operating Officer for EFSE

Growing Responsibly - Growing Responsibility

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Monika Beck, Member of the EFSE Board of Directors

EFSE - Objectives, Structureand Achievements

Panel 1 - Addressing responsible finance for micro and small enterprises and private households

Moderator: Kristin Duchâteau, Head of Department Advisory Programs, Oesterreichische Entwicklungsbank AG

Nejira Nalić, Director Mi-Bospo, Chair of Association of MFIs in BiH (AMFI)

Preventive measures and coping strategies for client over-indebtedness

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Emma Aller, Client Advisor, Cygma

Promoting local currency lending

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Ala Polustanova, Head of Retail Products Development and Management, Moldova Agroindbank

Challenges of foreign exchange lending

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Liljana Shkodra, Deputy Head of Retail Banking Group, BKT, Albania

Financial education and literacy

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Milena Bertram, Manager, EFSE Development Facility

Investors’ role in promoting responsible finance

Panel 2 - Understanding the institutional challenges to commercial banks and micro institutions

Moderator: Hanns-Martin Hagen, Chief Financial Sector Economist, KfW

Henry Russell, Director Financial Institutions, EBRD

Managing challenges on various fronts: Experiences from an investor’s portfolio

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Alenka Smerkolj, Senior Director, NLB Group

Prudent forward-looking funding strategies to reengage in responsible growth

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Ella Beavers, Country Director, FINCA Kosovo

New focus in credit risk management: work-outs and restructuring

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Marie-Paule Claes, Senior Investment Officer, IFC

MFIs being challenged: lessons learned from Eastern Europe

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Elvira Lefting, Chief Investment Officer for EFSE: Business models under stress

Panel 3 - Promoting a responsive and responsible financial sector in times of crisis

Moderator: Cornelis van Aerssen, Investment Officer, Financial Institutions, FMO

Ardian Fullani, Governor, Bank of Albania

Regulatory adjustments to balance macroeconomic and financial sector stability

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Britta Klatte, Manager International Cooperation, Schufa

Role of credit bureaus

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Jasmina Glisovic-Mezieres, Microfinance Specialist, CGAP

Evolving microfinance sector: balancing diversity and consolidation

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Prof. Dr. Eva Terberger, First Vice President, Evaluation Department Financial Cooperation, KfW

Investors’ role in supporting a stable and responsibly growing financial sector

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Raymond Risler, Emerging Consumer / Microinsurance, Zurich Financial Services

Risk mitigating financial products: micro insurance

• Dimitar Bogov
• Dr. Klaus Glaubitt
• Monika Beck
• Prof. Dr. Eva Terberger