Pablo Hernández de Cos: Financial disintermediation and the future of the banking sector

Welcome address by Mr Pablo Hernández de Cos, Governor of the Bank of Spain, at the Bank of Spain-SUERF Conference "Financial Disintermediation and the Future of the Banking Sector", Madrid, 30 October 2018.

Central bank speech  | 
30 October 2018
PDF full text
 (129kb)
 |  6 pages

Good morning. I would like to welcome you to the conference "Financial disintermediation and the future of the banking sector", hosted by the Banco de España and co-organised with SUERF.

Let me start by thanking our colleagues from SUERF for their participation and involvement in the conference. SUERF is a unique institution that has been very successful in creating an active network of academics, financial practitioners and policymakers for the analysis and discussion of monetary and financial issues. Its outreach is achieved through the organization of international events, such as today´s conference, publications and a very active sponsoring of research.