Dear Madams and Sirs,
We may remind you of the 81st East Jour Fixe of the Oesterreichische Nationalbank (OeNB) on the topic of “Nonperforming loans in CESEE: macroeconomic dimension and resolution strategies,” which will take place on September 18, 2017.
Since the global economic and financial crisis, nonperforming loans (NPLs) have increasingly moved into the spotlight as NPL ratios quickly reached unprecedented levels. Recent observations show that high NPLs are both a threat to financial stability and a major stumbling block to economic growth in many countries. Starting from these insights, the OeNB’s 81st East Jour Fixe will focus on the macroeconomic dimension of NPLs and on resolution strategies particularly for CESEE. Session 1 will set the stage for further discussion by clearly defining NPLs, comparing NPL volumes in CESEE and the euro area. Session 2 will discuss the determinants and macroeconomic impact of NPLs both from a household perspective, using survey data, and from a macroeconomic perspective. Session 3 will present various stakeholders’ views on progress made in NPL resolution.
Please find the program for the East Jour Fixe attached.
Please reply under the following LINK by September 13, 2017, at the latest.
If you are unable to attend the East Jour Fixe, we would kindly ask you to forward the invitation to another representative or colleague whom you may want to nominate.
Yours sincerely,
Event-Management
