Keynote speech by Patrick Montagner, Member of the Supervisory Board of the ECB, at the 2025 SSM conference on asset liability management. This conference comes at a pivotal time for the financial sector. Over the past several years, we have witnessed a profound shift in the financial landscape. Rising interest rates and quantitative tightening have succeeded a decade of low interest rates and ample liquidity.
Tuesday, July 1, 2025
Frankfurt, Germany
Keynote speech by Patrick Montagner, Member of the Supervisory Board of the ECB, at the 2025 SSM conference on asset liability management. This conference comes at a pivotal time for the financial sector. Over the past several years, we have witnessed a profound shift in the financial landscape. Rising interest rates and quantitative tightening have succeeded a decade of low interest rates and ample liquidity.
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ALM risks, liquidity and funding: a supervisory framework for resilience and stability is held in Frankfurt, Germany.
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