Speakers of the session
Deputy Chief Executive Officer, Crédit Agricole S.A.
Objectives of the sessionOne of the objectives of this exchange of views is to discuss the current profitability of the EU banking sector. The session will also focus on the impact of the Basel III prudential requirements and of the current monetary policy of the ECB on the business model of universal banks and their capacity to finance the economy as well as the opportunities and challenges offered by digitalization in this context.
Points of discussion
- Is the current profitability of the EU banking sector sufficient to ensure its resilience and its role in the financing of the economy? How may the situation be improved (e.g. tackling issues regarding non-performing loans) and what can be expected from an improved overall profitability of the sector?
- How are the business model and the activities of universal banks and notably of the Credit Agricole expected to evolve with the implementation of the Basel III prudential framework and with the on-going monetary policy of the ECB? Is the funding capacity of universal banks likely to increase or decrease with these measures?
- Is digitalization an opportunity to improve the profitability of universal banks and to strengthen their business model? What are the opportunities / challenges offered by digitalization for a universal bank like the Credit Agricole?