15th Annual Central Europe Summit

Explore the impact of inflation, geopolitics and the energy crisis on credit in the CEE region

Registration for this event is now closed. Please contact events.emea@moodys.com if you have any questions

Join Moody’s leading subject matter experts and distinguished guest speakers to discuss key trends and developments impacting credit markets across Central Europe


08:15 - 09:00

Registration and welcome refreshments

09:50 - 10:30

Sovereign and sub-sovereign insights

Energy crisis and geopolitics test CEE’s resilience

  • How resilient will the region be to geopolitics and the impact of the economic, fiscal and social effects of Europe's energy crisis? 
  • When will the tightening cycle of monetary policy peak amid elevated inflation? 
  • What are the key drivers of the Czech Republic’s creditworthiness in the near and medium-term? 
  • To what extent will inflation and social pressures affect Czech RLGs’ credit profiles?
10:30 - 10:40

Moody's insights: A focus on the CEE banking sector

Ongoing energy supply shock and weaker macroeconomic conditions drive our negative outlook for CEE banks

  • To what extent will deteriorating business conditions and high rates hurt loan demand and credit quality?
  • Will government measures and higher costs outweigh the profitability benefits from higher rates?
  • Will banks in the region meet final MREL deadlines amid high investor risk aversion?
10:40 - 11:10

CEE banks on alert: Evolving cyber risks affecting clients

  • Cyber risk trends in the banking universe
  • Hacktivism towards banks' clients and why it matters for banks
  • Authorities' response to rising cyber risks
11:10 - 11:40

Networking break

11:40 - 12:00

Moody's insights: What challenges lie ahead for European utilities and corporates?

  • Risks associated with European energy crisis will remain elevated over the next 12 months
  • What are the drivers behind the expected continued weakening of the credit quality of European corporates in 2023?
12:00 - 12:30

Does the energy crisis make utilities more vulnerable?

  • Elevated power prices increase operational and liquidity risk
  • Does Europe still face a gas shortage risk?
  • Affordability concerns increases political interference to protect end-customers
  • What are the options for a new market design in Europe?
  • Are decarbonisation targets at risk?
12:30 - 13:05

Covered bonds deep dive

Mortgage lending in a higher interest rate and softening house price environment: Current situation, lessons learnt, and expected developments

  • Impact of higher rates and high consumer price inflation on household budgets
  • What does this mean for new business volumes and the performance of existing loan stock?
  • Update on property supply: What is the situation regarding property developments?
13:10 - 14:10

Networking lunch

Jakub Seidler Chief Economist Czech Banking Association Bio
Helena Horská Chief Economist Raiffeisenbank Bio
Josef Rech, MBA Chief Security Officer Česká spořitelna, a.s. Bio
Martin Novák Chief Financial and Operations Officer, Member of the Board of Directors CEZ Group Bio
David Aldrich Managing Director - Commercial and Regional Management/EMEA-EM Moody's Investors Service Bio
Igor Ovčáčík Country Manager - Czech Republic, Vice President-Relationship Manager – CEE, LBO Desk Specialist – EMEA Moody's Investors Service Bio
Colin Ellis Managing Director, Global Credit Strategist Moody's Investors Service Bio
Heiko Peters Vice President - Senior Analyst, Sovereign Risk Group Moody's Investors Service Bio
Gjorgji Josifov Assistant Vice President - Analyst, Sub-Sovereign Group Moody's Investors Service Bio
Katja Reise Vice President - Senior Analyst, Financial Institutions Group Moody's Investors Service Bio
Maria Jose Mori Senior Vice President, Financial Institutions Group Moody's Investors Service Bio
Celine Chérubin Vice President – Senior Credit Officer, Infrastructure Finance Moody's Investors Service Bio
Sebastien Cieniewski Vice President - Senior Credit Officer, Corporate Finance Group Moody's Investors Service Bio
Martin Lenhard Vice President - Senior Credit Officer, Structured Finance Group Moody's Investors Service Bio

Event Details:

Venue Name: ČNB Kongresové Centrum

Address: Senovážné náměstí 866/30 Prague 1, Czech Republic

Date: Wednesday, 29 March, 2023

Time: 09:00 – 14:00 CEST