BACEE events in 2001

BACEE's 5th Bank Credit Risk Analysis Seminar (20-21 November 2001, Budapest)

There were 42 participants from 14 countries including 9 BACEE member banks at the seminar, during which the economic situation and the banking system of the following countries were assessed: Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Kazakhstan, Macedonia, Poland, Romania, Russia, Slovakia, Slovenia, Ukraine and with special focus: Yugoslavia.

Participants received over 450 pages of background materials on the economy and the banking system of countries discussed.

Presentations were given by

Mr. Pál Gáspár (ICEG European Centre, Budapest)
Mr. Stephen Timewell (Editor, The Banker, London)
Mr. Vojin Bjelica (Chairman of the Yugoslav Banking Association, Belgrade)
Mr. Tomislav Galac (Division Head, Croatian National Bank, Zagreb)
Mr. Attila Bartha (Researcher, Kopint Datorg Economic Research Co., Budapest)
Mr. Tamás Novák (Project Leader, ICEG European Centre, Budapest)
Ms. Monica Sibinescu (Economist, Eximbank of Romania, Bucharest)
Ms. Maja Stevkova Sterieva (Manager, Komercijalna Banka, Skopje)
Vladislav Cvetkovic (Special Adviser, National Bank of Yugoslavia)
Mr. István Lengyel (Secretary General, BACEE)

BACEE Bank Analysts' Training Course (2-3 October 2001, Budapest)

26 delegates from 12 countries participated in the training course including 11 BACEE member banks. During the 2 days the participants could get acquainted with practical ways of analysing banks and the assessment of different kinds of information. There was a special focus on case studies with examples of banks from Central and Eastern Europe. The moderators were Ms. Elisabeth Jackson-Moore, Managing Director of Moody's Interbank Credit service Ltd. and Mr. György Szelecki, Senior Manager of Deloitte & Touche in Hungary.

BACEE's 4th Bank Credit Risk Analysis Seminar (8-9 May 2001, Budapest)

35 delegates from 9 countries, including representatives of 10 BACEE member banks participated.

The discussion materials, prepared by BACEE for the participants included country and banking system surveys and recent information on the countries analysed during the meeting. During the 2-day session, 13 CEE countries were covered, in each course including:

political situation
economic overview
situation of the banking system

Presentations were given by

Mrs. Éva Várhegyi (Financial Research Ltd., Budapest) on the Hungarian banking system
Mrs. Monica Sibinescu (Romanian Eximbank) on the Romanian banking system
Mr. Pál Gáspár (ICEG European Centre, Budapest) on the political and economic situation in Slovakia, Hungary the Czech Republic, Slovenia, Croatia and Poland.

Political and economic situation of the other 8 states, as well as banking systems except for Hungary and Romania were covered by BACEE's staff. The event was sponsored by Reuters, the representatives of which also delivered a presentation on the company's services for bank analysts.

The Third BACEE International Treasurers' Meeting (3-4 April 2001, Prague)

In 2001, we organised this event for the third time. Altogether, 45 delegates attended the meeting, representing 28 banks and institutions, including 11 BACEE member banks.

The speakers' panel included:

Dr. Thierry Vissol, Head of Unit, European Commission
Mr. Paul Mercier, Deputy Director, European Central Bank, Frankfurt
Mr. Corrado Pistarino, BIN IMI, London
Mr. Vladimir Kolman, Interbanka, Prague
Mr. Willy Scheerlinck, Euro Banking Association, Paris
Mr. Godfried De Vidts, Fortis Bank, Brussels
Mr. Jean-Marie De Baerdemaeker, Fortis Bank Polska, Warsaw
Mr. Jacek Kasprzewski, Chase JP Morgan, Warsaw
Ms. Maria Dunin-Wasowicz, Office of the Prime Minister, Warsaw
Ms. Janice Hood Habash, First Union Bank, Charlotte
Mr. Stephen Timewell, The Banker magazine, London
Mr. Stefan Kolek, HypoVereinsbank, Munich
Mr. Imre Balogh, MKB, Budapest

During the meeting the following subjects were discussed:

The monetary policy of the European Central Bank
Preparations for the introduction of cash euro
Update on the situation of settlement of FX operations
Development of the euro financial markets
The Polish banking system on its way to EU Accession. Last limits of PLN convertibility
FX deals through the Internet
The global financial situation and Central Europe
Exploring the prospects of Central and East European currencies
The Hungarian banking system. The convertibility of HUF
Overview of the Czech banking system
Polish policy regarding the EMU and payment systems in the context of EU accession
Cross-border securities settlement
Role of banks in the new e-economy