Bank Crisis Management in response to COVID-19

Webinar: Bank Crisis Management programme in response to COVID-19

Jul 09, 2020 | Global (Online)

MFW4A and the London Institute of Banking and Finance (LIBF) organized a webinar entitled "Bank Crisis Management programme in response to COVID-19".

Date: 09 July 2020 @ 1 pm GMT | 2 pm Casablanca | 3 pm Paris

The International Monetary Fund (IMF) has stated that “The COVID-19 pandemic has caused an unprecedented human and health crisis. The measures necessary to contain the virus have triggered an economic downturn. (...) The latest Global Financial Stability Report shows that the financial system has already felt a dramatic impact, and a further intensification of the crisis could affect global financial stability”.

Levels or preparedness for the crisis matter a great deal and will determine the success of the organisation as we emerge from it. In the banking industry specifically, as a result of the crisis, all banks are having to review their business continuity procedures and plans, find ways to make sense of confusing information and find ways of addressing the crisis with heightened board activity. All banks must prepare for the consequences of potential liquidity squeezes and the rise in non-performing loans, among others.

Given this context, the London Institute of Banking and Finance’s (LIBF) Programme on Bank Crisis Management combines technical expertise in topics relevant to the oversight and management of financial institutions during the COVID-19 crisis with executive coaching.

Based on the LIBF’s online programme on Bank Crisis Management, the webinar's panelists:

• Shared experiences and observed best practices;

• Reviewed key topics such as governance, risk management, operational resilience, compliance, asset quality, liquidity and capital, and;

• Discussed the importance of soft skills during crisis management.

For more information about the webinar's content, the event recording is available below. The presentation slides are also available here.