In the 7th episode of the ELTI Podcast, we are joined by Pawel Nierada, First Vice-President at BGK.
In this edition, we speak about how the war in Ukraine has effected Poland and specifically the Polish financial and banking sector.
11 March 2022
After decades of peace, war is back in Europe.
Coming from all over Europe, on behalf of Bank Gospodarstwa Krajowego (BGK), Caisse des Dépôts et Consignations (CDC), Cassa Depositi e Prestiti (CDP), Instituto de Crédito Oficial (ICO), Kreditanstalt für Wiederaufbau (KfW) and the European Investment Bank (EIB), along with the other European National Promotional Banks and Institutions gathered in the European Long Term Investors Association (ELTI),we are united in strongly condemning the Russian invasion of Ukraine. In doing so, we express our solidarity with the Ukrainian authorities and the people of Ukraine who are currently suffering from this unprovoked military attack.
ELTI published an electronic brochure on the direct contribution to fighting the SARS-CoV-2 pandemic. In this brochure you will find 15 examples of investments and activities from 9 ELTI members and 7 EU Member States. ELTI members have provided funds and taken multiple large-scale risks to fight against the pandemic.
Date: 21 May 2021 - 9:00 AM - 10:30 AM (CEST)
The recession following the COVID-19 pandemic grants an increasing role to housing, making it especially harder for the most deprived to work in decent conditions. At the same time, social housing is considered an essential lever to achieve energy efficiency objectives and fight against energy poverty, as set out by the Renovation Wave. It is finally a key principle in the implementation of the European Pillar of Social Rights. As a result, adequate and sufficient sources of funding are required.
This webinar will be the occasion to explore different models of financing of the social housing sector in Europe and how they can be articulated. National Promotional Banks and Institutions (NPBIs), long-term investors, very active in financing social housing will share their experience in articulating national public resources, EU funding and private capital, along social impact private investors and experts on the field.
On 9 March 2021, the European Parliament adopted the final version of the InvestEU legal base. NPBIs looking forward to contribute to the implementation and the success of this innovative European financial guarantee instrument. Based on their experience, ELTI members produced a Position Paper summarising recommendations for a smooth and fast implementation of InvestEU in order to make it a successful long-term investment instrument.
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The 2020 ELTI General Assembly took place on Friday 4 December 2020 as a virtual meeting. President Laurent Zylberberg and Secretary General (SG), Helmut von Glasenapp expressed their disappointment in not being able to meet in person this year but looked forward to 2021 with the hope that we will be brought together again soon.
This year's General Assembly focused on the European commitment of NPBIs with three presentations and a panel discussion.
On 3 December 2020, ELTI officially launched the first episode of its podcast on Soundcloud and on Spotify and it can also be found on the ELTI website.
Hosted by ELTI Secretary-General Helmut von Glasenapp, this podcast will be releasing episodes on a regular basis. You can expect interesting discussions with interesting partners about interesting topics.
The first episode will feature an interview with David Denzer-Speck, Director of the KfW Brussels Liaison Office. The main questions answered in this episode will be: What the definition of NPBIs? Who is KfW? What is their business model? What is the added value for the economy and the society?
ELTI President Laurent Zylberberg spoke at the Finance in Common Summit on 11 November 2020. Taking place between 9-12 November 2020, the Finance in Common Summit stressed the crucial role of Public Development Banks (PDBs) in reconciling short-term countercyclical responses with sustainable recovery measures that will have a long-term impact on the planet and societies.
By reconciling the entire finance community in support of common action for climate and the UN Sustainable Development Goals, the Finance in Common Summit will be a key milestone on the way to the crucial events of 2021, notably the COP26, the COP15 and the Generation Equality Forum.
On 26 October 2020, the “Sustainable, Long-term investments & Competitive European Industry Intergroup” in the European Parliament held its inaugural conference. Overseen by Vice-President Frans Timmermans, this launch event focused on the necessary steps which the EU needs to prioritise in order to become more green, digital and resilient.
On 15 October 2020, the European Court of Auditors (ECA) is hosting an online virtual event entitled “Boosting Investments in the EU through Financial Instruments & Technical Assistance in times of Crisis - Lessons Learned from the European Court of Auditors”.
ELTI Secretary-General Helmut von Glasenapp will feature as be a panelist in the third session, namely in the discussion concerning ‘Crowding-out: “Is the EIB crowding out private market finance?’. This panel will be moderated by ECA member Leo Brincat.