Boosting knowledge sharing and coordination at the 22nd ALM & Risk Management MDB Forum

PARIS - The 22nd annual Asset and Liability Management (ALM) & Risk Management Multilateral Development Bank (MDB) Forum was hosted by the Council of Europe Development Bank (CEB) on 2-4 October. The Forum brought together 70 participants from 25 institutions around the world.

The Forum provided ALM and risk management experts with an avenue for sharing knowledge, best practices and effective implementation through several panel discussions, presentations and roundtables. Building on their diverse institutional experiences, panelists discussed strategies, modelling perspectives and methodologies to better manage risks and achieve their mandates.

Attendees from MDBs included Asian Development Bank (ADB), African Development Bank Group (AfDB), Asian Infrastructure Investment Bank (AIIB), Corporacion Andina de Fomento (CAF), Caribbean Development Bank (CDB), European Bank of Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IADB), Islamic Development Bank (IsDB), New Development Bank (NDB), Nordic Investment Bank (NIB) and World Bank Group - International Bank for Reconstruction and Development (IBRD) & International Development Association (IDA), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

Participants recognised the importance of intensifying institutional dialogue and exchanging common best practices and examples to address similar risk impacts in their development finance activities.

The Forum highlighted the importance of advancing MDB and institutional cooperation in an increasingly interconnected international community faced with climate and geopolitical challenges.

The Council of Europe Development Bank (CEB) is a multilateral development bank, whose unique mission is to promote social cohesion in its 43 member states across Europe. The CEB finances investment in social sectors, including education, health and affordable housing, with a focus on the needs of vulnerable people. Borrowers include governments, local and regional authorities, public and private banks, non-profit organisations and others. As a multilateral bank with an excellent credit rating, the CEB funds itself on the international capital markets. It approves projects according to strict social, environmental and governance criteria, and provides technical assistance. In addition, the CEB receives funds from donors to complement its activities.