Workshop on the Classification of Development Banks

Hosted by the ECB in Frankfurt on 13 November 2018

CMFB Workshop on the classification of development banks

Background

Development banks cover a range of banks active on domestic or foreign markets to finance and support economic development (e.g. financing SMEs, “’green” policy or projects in developing countries). Their institutional, legal and economic set-up varies to some extent, and some are currently classified as Monetary Financial Institutions (MFIs) for statistical purposes. Several development banks have very large balance sheets and are among the largest MFIs in a given country. Others are small, e.g. because they operate only at regional level or carry out narrowly defined activities.

The workshop aims at bringing together the various dimensions relevant for a sound statistical classification of development banks.

Programme

13 November 2018

09:00 - 09:10 - Welcome remarks (Ms Caroline Willeke, Deputy Director General Statistics, European Central Bank)

09:10 - 09:20 - Introductory remarks (Mr Andrea Brandolini, CMFB Vice Chairperson, Head of Statistical Analysis Directorate of Banca d’Italia)


Session I: Institutional framework

09:20 - 10:45

Session I provides an overview regarding the setup of development banks in the EU and statistical representation of their activities.


Chair:

Mr Alfredo Cristobal (INE, Spain, NSI)


Speakers:

  • Mr Thomas Bömoser and Mr Erik Boudewijn Smid, SSM(ECB), The institutional framework for the activity and supervision of development banks (presentation)
  • Mr Miguel Alonso, Eurostat, The Excessive Deficit Procedure framework (presentation)
  • Ms Anna Michalek, DG-S ECB, The monetary and financial statistics framework (presentation)


Session II: Conceptual and national challenges for the statistical classification

11:00 – 12:30

Session II reviews the challenges statisticians face when classifying development banks.


Chair:

Mr Luca Ascoli, Acting Director of Government finance statistics and quality, Eurostat


Speakers:

  • Mr Thomas Forster, Eurostat. Development banks – statistical classification and rearranged transactions (presentation)
  • Mr Dimitrios Laskos, DG-S ECB, Stock taking of development banks in the EU (presentation)
  • Ms Filipa Lima, Banco de Portugal, MFI statistical reporting and EDP statistics (presentation)


Session III: Needs for policy-making

14:00 – 15:00

Session III aims at taking stock of user needs on the classification of development banks.


Chair:

Ms Caroline Willeke, Deputy Director General Statistics, European Central bank


Speakers:

  • Ms Ingrid Toming, DG-ECFIN, Development banks: fiscal surveillance perspective (presentation)
  • Mr Ramon Adalid (DG-E), Mr Simon Keller (DG-M) and Mr Philipp Kuss (DG-M), ECB, The analysis of monetary developments, monetary policy operations and development banks


Session IV: Case studies

15:00 – 16:15

Session IV exemplifies the main business models of development banks and best-practices implemented in the monitoring of government intervention.


Chair:

Mr Ville Vertanen (Tilastokeskus, Finland, NSI)


Speakers:

  • Mr Ulrich Burgtorf (Deutsche Bundesbank) and Mr Jens Grütz (Destatis), Development and promotional banks model in Germany and the need for dedicated statistical survey (presentation)
  • Mr François Mouriaux (Banque de France) and Mr Étienne Debauche (INSEE), The Agence Française de Développement (presentation)


Session V: Outlook and expected outcomes

16:30 – 17:15

This session offers possibilities of the work ahead.


Chair:

Mr Andrea Brandolini, CMFB Vice Chairperson, Banca d'Italia


Speakers:

  • Ms Malgorzata Szczesna, Eurostat, Next steps in the statistical framework – rearranged transactions (presentation)
  • Mr Jorge Diz Dias, DG-S ECB, Issues for the work ahead (presentation)


Final remarks and conclusions

17:15 – 17:30

  • Mr Andrea Brandolini, CMFB Acting Chairperson, Banca d'Italia (document)
  • Mr Luca Ascoli, Acting Director of Government finance statistics and quality, Eurostat
  • Ms Caroline Willeke, Deputy Director General Statistics, European Central bank