Agenda on

Housing Finance in the Central and Eastern European Countries, Warsaw, November 26-27, 2009

 

 

Venue: Holiday Inn Hotel in Józefów near Warsaw (www.holiday.aquila.pl)

 

Day One - 26 November 2009

 

(according to the Polish version from November 25, 2009, to be actualized on the Congress’ website)

 

10.30 – 11.00         Registration/ Coffee and refreshments

 

11.00 – 12.00         Opening session

 

Introduction:

• Krzysztof Pietraszkiewicz, President of the Polish Bank Association – Economic crisis as a chance for housing market,

• Cezary Grabarczyk, Minister of Infrastructure – Role of State in intensifying housing market development.

 

12.00 – 13.00         European session

 

• Annik Lambert, Secretary General of the European Mortgage Federation – Impact of the crisis on proposed solutions concerning housing finance markets’ integration in Europe,

• Herbert Pfeiffer, President of the European Federation of Building Societies – Subprime crisis as a way of verification of housing finance systems.

 

13.00 – 13.45         Lunch

 

13.45 – 15.00         Session 1: Financial crisis consequences for housing market in the Central and Eastern European countries and perspectives of its further development

 

Moderator: Włodzimierz Kiciński, President of Nordea Bank Polska SA

 

1. Housing finance markets in the Scandinavian and Baltics countries - perspectives of their further development – Włodzimierz Kiciński, President of Nordea Bank Polska SA,

2. Economic condition of Poland in comparison with other European countries – Zdzisław Sokal, Vice-President of the National Bank of Poland,

3. Evaluation of trends on the housing and housing finance markets in Russia before and after the crisis – Ph.D. Sergey Grigoryan, Chief Analyst, Association of Russian Banks.

 

15.15 – 16.30         Session 2: Savings and loan systems supporting housing finance

Moderator: Jacek Furga, Chairman of the Committee for Real Estate Financing  at PBA

 

1. Savings’ trends according to savings and loan systems vs. banking sector liquidity  - Jacek Furga, Chairman of the Committee for Real Estate Financing  at PBA,

2. Efficiency of building savings banks in the CEE countries during the crisis – Michael Dorner, Director, Bausparkassen Schwabisch Hall AG (Germany),

3. Experiences of building savings banks in Czech Republic – Jiri Sedivy, Secretary General Association of Czech Building Savings Banks.

 

16.30 – 16.45         Coffee break

 

16.45 – 18.00         Session 3: Housing developer finance during the economic slowdown

Moderator: Kazimierz Kirejczyk, President of the REAS

 

1. Housing markets in Poland – perspectives of their further development –  Kazimierz Kirejczyk, President of the REAS,

2. Panel discussion: Housing developer market in Poland – current situation and perspectives for its further development:

• Mariusz Duraj, Financial Director, Budlex Sp. z o.o.,

• Andrzej Podgórski, President of Polnord S.A.,

• Zbigniew Okoński, President of Robyg Real Estate Development Group,

• Iwona Załuska, President of Upper Finance Sp. z o.o.,

• Jarosław Szanajca, President of Dom Development S.A.

• Ph.D. Krzysztof Czerkas, Member of the Management Board of BRE Mortgage Bank SA.

 

20.00                        Dinner

 

Day Two

 

09.00 – 10.30       Session 4: Mortgage loan safety

Moderator: Professor Leszek Pawłowicz, Banking Academy in Gdansk

 

• Overview of international experiences concerning mortgage loan insurances – conclusions and recommendations from USA and Canada – Michael Borish, Director, Canadian Mortgage Housing Corporation,

• New insurance products - Tadeusz Hołyński, Director TU Europa SA,

• Overindebtedness of retail customers – Mariusz Wyżycki, Vice-President and Krzysztof Stankiewicz, Polish Credit Information Bureau,

• Appraisal and management of mortgage securities according to risk management in mortgage lending – based on information from the AMRON – Agnieszka Górska, Director, AMRON,

• Energy Certificate as a tool to mitigate risk on mortgage market – Piotr Pawlak, Managing Director, BuildDesk Poska Sp. z o.o.

 

10.30 – 10.45        Coffee break

 

10.30 – 12.00         Session 5: Mortgage debtor safety

 

Moderator: Norbert Jeziolowicz, Director, Polish Bank Association

 

Panel discussion with representatives of:

Genworth index regarding consumers’ financial instability before and after the crisis in the CEE countries – Marat Nevretdinov, Managing Director, Genworth Financial,

• Jerzy Adamiczka, Vice President Polish Federation of Real Estate Appraisers

• Adam Parfiniewicz, President of Expander Advisors,

• Wojciech Nurek, representative of the Polish Chamber of Property Appraisers,

• Mariusz Kania, Prezes METROHOUSE S.A.

 

12.00 – 12.15         Coffee break

 

12.15 – 13.15         Session 6: Financial sector liquidity - mortgage portfolio  refinancing during the economic crisis

Moderator: Ph.D. Piotr Cyburt, President of BRE Mortgage Bank SA

 

1. Covered bonds or securitization? Experiences of countries issuing covered bonds before and during the economic crisis – proposed amendments to the Cover Bonds Act – Ph.D. Piotr Cyburt, President of BRE Mortgage Bank SA,

2. NPL sales as an effective form of distressed assets management - Polish banking sector experiences – Arkadiusz Krasowski, Director, Ernst&Young.

 

13.15 – 13.45         Conclusions and Closing Ceremony

 

14.00 – 15.00         Lunch