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Banking forum in Sochi to discuss strategy for period until 2015

September 01, 2011, 9:44 UTC+3
The forum will run until September 4
Material has 1 page

SOCHI, September 1 (Itar-Tass) — "The Modernization of the Banking System of the Russian Federation (RF): Russia and International Practice" will be the main theme of a "Banks of Russia -- 21st Century" forum. Participants in the forum gather here on Thursday.

More than 280 people have been already registered as delegates to the main banking event of the year. Among them will be the directors of the Bank of Russia, officials of RF ministries and agencies, Members of the Federation Council and the State Duma -- upper and lower houses of the Russian parliament -- as well as leading analysts and representatives of major Russian and international financial organizations, an official at the Association of the Regional Banks of Russia (ARBR) has told Itar-Tass.

The major banking summit of the country is to be attended, specifically, by Alexei Ulyukayev, First Deputy Chairman of the Bank of Russia, Alexei Savatyugin, Deputy Minister of Finance, Mikhail Sukhov, Director of the Bank of Russia Department for the Licensing of the Activities and Financial Rehabilitation of Credit Organizations, Alexander Turbanov, General Director of the Agency for the Insurance of Bank Deposits, Dmitry Pankin, Director of the Financial Markets' Servive, Ruslan Grinberg, Director of the Institute of Economics of the Russian Academy of Sciences, Greg Alton, Senior Adviser at the International Finance Corporation, and Odd Per Brekk, Head of the International Monetary Fund's representative office in Russia.

Participants in the banking forum are to discuss a strategy for the development of the banking sector of the RF for a period ending in 2015, mechanisms for State-and-private partnership, the problems of legal regulation of syndicated credit lending, ways to create equal conditions for the transaction of banking business irrespective of the size and form of the property of credit organizations.

"The format for the holding of the forum gives a unique opportunity to the delegates to combine a busy business programme with informal socializing at one of the most picturesque health resorts of Russia," forum organizers emphasized.

It will be possible to see live broadcasts from plenary sessions of the 9th international banking forum at the websites of the ARBR and the National Association of Credit Brokers and Financial Consultants. The broadcasts are scheduled for September 2 and 3.

The forum will run until September 4.

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