Corporate Financing in Times of Crisis

As part of the “Rendez-vous de l’Éco” series, the Faculty of Economics, in partnership with Midi Libre and the Banque de France, is organizing a conference on the topic: Corporate Financing in Times of Crisis.

Corporate Financing in Times of Crisis

The COVID-19 health crisis plunged the economy into a severe recession in 2020, which affected businesses’ operations and financial structures.

These countries must now deal with the consequences of a major energy and inflation crisis.

In this context, what is the current situation for businesses? How is bank financing evolving? Are banks also being affected by this series of challenges?

Speaker: Frédéric Visnovsky

As National Credit Ombudsman at the Banque de France, Frédéric Visnovsky played a central role in managing the COVID-19 crisis, notably by overseeing and implementing a comprehensive plan to assist and support businesses facing financing difficulties with their banks. He chairs the Business Financing Observatory, which brings together representatives from businesses, banks, and statistical providers to produce reports on the state of businesses and their financing.

In addition to these roles, Frédéric Visnovsky also serves as Deputy Secretary General of the French Prudential Supervision and Resolution Authority (ACPR), where he is responsible for resolution efforts aimed at ensuring that banks and insurers are prepared to weather severe crises.