Economics seminars - Oleg Badunenko

Dear all,

You are cordially invited to the following seminar co-organized by CERPE, CRED and CEREFIM at the Department of Economics in Namur.

"Achieving a Sustainable Cost Efficient Business Model in Banking: the Case of European Banks"

Speaker: Oleg Badunenko

(Portsmouth University)

Date and time: Tuesday, October 30, 2018 at 4pm

Room 401, Rempart de la Vierge 8, Namur

Abstract

Although the business model (BM) is the most fundamental task of the bank’s management to ensure sustained operation and profitability of a bank, it has become a subject of supervisor’s scrutiny due to the recent financial crisis when failing banks were rescued with public funds and supervisors were criticized around the world. Because one of the reasons for the financial crisis was that some banks had (and still have) unsustainable BMs, sustainable BMs are on the top of the ECB’s agenda.

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