XIV European Congress of the EFBS – Joint Congress of UN-HABITAT and EFBS in Berlin from 22 to 24 September 2004

“Housing Finance in Emerging Markets – Experiences and Challenges”

Wednesday, 22 September 2004

Keynote speech of Dr. Gert Haller, Chairman of the Association of Private Building Societies, Germany

Keynote speech of Dr. Anna Tibaijuka, Executive Director of UN-HABITAT delivered by Uwe Lohse, UN-HABITAT, Kenya

Keynote speech of Miguel Capellà, President of the European Federation of Building Societies, Spain

Session 1: Prerequisites for the establishment of working housing finance solutions in emerging markets
Introduction by chair of session Dr. Hartwig Hamm, Bundesgeschäftsstelle Landesbausparkassen, Germany

„Subsidies in Housing – objectives, risks and practical experience“
Rolf Müller, Bundesamt für Bauwesen und Raumordnung, Germany

„Bridging legal deficits – strengthening of housing legislation by a new model of housing financing“
Dr. Wolfgang Amann, FGW Research Institute for Housing, Austria

„Building Societies’ Business in Slovakia
Ivan Sramko, National Bank of Slovakia, Slovakia

„Housing finance in developing countries“
Uwe Lohse, UN-HABITAT

“Banking sector reforms in transition countries”
Prof. Detlev Hummel, University of Potsdam, Germany

„IT solutions for housing finance institutes“
Tammo van Leeuwen, Business Architects International, The Netherlands

“The influence of special characteristics of transitional countries on housing finance development (Russia as an example)“, Victor Mints, Vneshtorgbank, Russia

Thursday, 23 September 2004

Session 2:  Raising housing affordability in emerging markets
Introduction by chair of session Pamela Lamoreaux, International Finance Corporation, USA

“Housing in emerging economices: a puzzle of challenges”
Krysztof Ners, Council of Europe Development Bank, France

“ERBD’s mortgage financing activities”
Nicholas Kerigan, European Bank for Reconstruction and Development, UK

“Housing microfinance: A guide to practice“
Franck Daphnis Jr., CHF International, USA

“DEG targets, results and prospects“
Franz-Josef Flosbach, DEG (German Investment and Development Society), Germany

„The role of mortgage insurers in emerging mortgage markets“
Sacha Polverini, Genworth Financial, Belgium

“The covered bond in Central and Eastern Europe”
Tim Lassen, Association of German Mortgage Banks, Germany

“Just a burden on the budget? – Home finance subsidies in Hungary“
Anikó Dobricza; Széchenyi University Györ, Hungary

Session 3: Housing finance experience in developing countries / case studies
Chair of session: Achim Dübel, Financial Services and Policy Consulting, Germany

„Emerging housing finance in Armenia“
Raymond Struyk, The Urban Institute, Germany

„Housing finance policy for low-income families – the case of the State of Sao Paulo in Brazil“
Maria O. G. Borba, Housing and Urban Development Corporation of Sao Paulo State, Brazil

„Housing Finance: The Pag-IBIG Fund Experience“
Vilma Q. Flores, Pag-IBIG Fund (Home Development Mutual Fund), Philippines

„The current situation of housing finance in Thailand“
Khan Prachuabmoh, Government Housing Bank, Thailand

„Bausparen in India“
Dr. Joachim Klare, BHW Bausparkasse AG, Germany

„An assessment of the Nepal Housing Development Finance Company“
Kumar Karki, Kathmandu Valley Town Development Committee, Nepal

„Financing low-income housing in Pakistan“
Muhammad A. Tirmizi, Dept. of Architecture, National College of Arts, Ministry of Education, Pakistan

“Housing finance experiences of developing countries: The case of selected Caribbean Community (CARICOM) Member States”
Presentation and  Comments
Joseph Bailey, Caribbean Association of Housing Finance Institutions, Jamaica

„About the federal housing mortgage loan refinancing program of the Russian Federation“
Alexander Semenyaka, Agency for Housing Mortgage Lending, Russia

„Making housing finance accessible to low income communities“
Luthando Vutula, National Housing Finance, South Africa

Friday, 24 September 2004

Session 4: Guidelines for implementing housing finance solutions in emerging markets
Introduction by chair of session Dr. Peter Gurtner, Federal Office for Housing, Switzerland

“Housing finance systems for countries in transition – principles and examples“
Dr. Christina von Schweinichen, United Nations Economic Commission for Europe, Switzerland

”Bausparen – a cool evergreen conquers the world“
Rainer Hager, Fundamenta-Lakáskassza, Hungary

“The Danish mortgage system for housing finance“
Ole Bus Henriksen, Former Director General of the European Commission
Denmark

“Mortgage-backed securities: Another way to finance housing“
Prof. Lawrence White, Stern School of Business, New York University, USA

“Evaluation of housing finance systems“
Professor Michael Nadler, Technical University of Kaiserslautern, Germany

Session 5: “Lessons learnt – experiences and challenges”
Introduction by Professor Bengt Turner, Institute for Housing and Urban Research, University of Uppsala, Sweden, followed by statements of the following panelists

Herbert G. Pfeiffer, Prvá Stavebná Sporitelna, a.s., Slovakia: Statement

Dr. Martin Murtfeld, former First Vice Governor, Council of Europe Development Bank, France: Statement and Presentation

Walter Tancsits, Parliamentary Club of the Austrian People’s Party, Austria: Statement

Ole Bus Henriksen, former Director General of the European Commission, Denmark

Dr. Sally Merrill, The Urban Institute, Washington, USA: Statement