As South Africa adjusts to the pandemic shock, Moody's analysts and our guest keynote speaker Elina Ribakova, Deputy Chief Economist, Institute of International Finance discussed how covid-19 will affect the public and private sectors and its dampening impact on economic activity and public finances.


13:00 Opening Remarks and Introductions
Matt Robinson, Associate Managing Director, Sovereign Risk Group

13:05 Spotlight on South Africa amid continuing pressures for Emerging Markets
Keynote interview with Elina Ribakova, Deputy Chief Economist, Institute of International Finance alongside
Lucie Villa, Vice President – Senior Credit Officer, Sovereign Risk Group.
Moderator: Marie Diron, Managing Director, Sovereign Risk Group

• How will South Africa and Emerging Market economies fare in a post COVID-19 world?
• What will be the long-lasting impact of the crisis on South Africa: government debt levels, monetary policy, capital flows?


13:30 Will there be an ever more indebted public sector?

• What are the prospects for public sector deleveraging and ultimately improving operational effectiveness and performance?
• How much support can the sector provide to the economic recovery?

Moderator: Matt Robinson, Associate Managing Director, Sovereign Risk Group

Panellists
Joanna Fic, Senior Vice President, Infrastructure Finance Group
Daniel Mazibuko, Associate Lead Analyst, Sub - Sovereign Group
Lucie Villa, Vice President – Senior Credit Officer, Sovereign Risk Group

14:00 What is the route out for the private sector?

• Contrasting Moody’s views on how banks, corporates, insurers and structured transactions are coping with the fallout from the pandemic
• Discussing the outlook for funding, liquidity and profitability for key sectors
Moderator: Sean Marion, Managing Director, Financial Institutions Group


Panellists
Rehan Akbar, Vice President – Senior Credit Officer, Corporate Finance Group
Gabriele Gramazio, Assistant Vice President – Analyst, Structured Finance Group
Constantinos Kypreos, Senior Vice President, Financial Institutions Group
Dominic Simpson, Vice President - Senior Credit Officer, Financial Institutions Group

14:30 End of webinar



Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches

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