Florin Georgescu: Closing remarks - "Inclusion and financial stability" seminar

Closing remarks by Mr Florin Georgescu, First Deputy Governor of the National Bank of Romania, at the 13th edition of the regional seminar on Financial Stability "Inclusion and Financial Stability", organized by the National Bank of Romania together with the International Monetary Fund, Bucharest, 13 September 2019.

The views expressed in this speech are those of the speaker and not the view of the BIS.

 We have reached the end of the 13th edition of the Regional Seminar on Financial Stability and it is my pleasure to provide some closing remarks.

 After two days of interesting presentations and intense debates, I will try to summarize some of the ideas presented here.

 In this year's edition of the Financial Stability Seminar, whose topics was "Inclusion and Financial Stability", we have discussed about:

o Financial inclusion and income inequality

o Correlation between macroprudential policy and financial inclusion

o Access to banking financing

o Climate-related risks

All these were discussed in the context of financial stability.

 Some of the subjects, like macroprudential policy and its effects, were discussed in-depth these days, but also in the previous editions of the seminar. And that's how it should be. This policy represents a key element in ensuring financial stability.