The impact of the rise of interest rates
NOVA School of Law, Campus de Campolide
9th November, 2022 at 18:00:00
After a 14-year decline, 6 of which in negative territory, since February 2022, we have witnessed a consistent rise in Euribor rates, which today reach values of around 2.8% (12 months) and 2.1% (6 months).
It is in this context that NOVA School of Law invites everyone to a talk on the rise in interest rates and, in particular, on their impact on credit agreements. The main players in the banking market will take part in this conversation chaired by the partner of the Finance Department of SRS Legal, such as the Central Bank of Portugal, the Portuguese association of banks, DECO, Novobanco, a significant credit institution, as well as an economist from Nova SBE, specialist in this area
Programme
Opening remarks
Joana Farrajota, Assistant Professor of Banking Law, NOVA Law School
Round Table
Chair:
Alexandra Valente, partner Finance Department, SRS Legal
Speakers:
Pedro Brinca, Assistant Professor Nova SBE
«The increase of the interest rates. ECB policy and impact in Euribor»
Patrícia Fonseca, Head of Legal, Novobanco
«Banking industry reactions»
Ana Moucho,Deputy Secretary- General, Portuguese Bank Association (APB)
«The role of banking industry in the short and long term in a context of increase of interest rates.»
Maria Lúcia Leitão,Head of the Banking Prudential Supervision Department (DSP), Banco de Portugal
«Reactions from the Banco de Portugal»
Vinay Pranjivan, Senior Economist/Advisor in consumer protection for financial services DECO
«Consumers’ perspectives in the context of rising interest rates»
