LONDON, November 26 (Itar-Tass) — More than 60 experts will deliver reports at the 19th international Russian Banking Forum that is opening in the British capital on Monday. The event, which will bring together more than 200 delegates from different countries and will last until November 29, is devoted to the development of the Russian banking sector and the future of the financial sector in Europe, the organising committee told Itar-Tass.
The forum, according to the organisers, will be attended by head of the Russian Federal Financial Markets Service (FSFR) Dmitry Pankin, First Deputy Chairman of the Bank of Russia Alexei Ulyukayev, First Deputy Chairperson of Sberbank of Russia Bella Zlatkis, Chairman of Goldman Sachs Asset Management Jim O'Neill, President of the Association of Regional Banks of Russia (Association “Russia”) Anatoly Aksakov.
The special Focus Day on bank risk management will be held at the forum’s site on Monday. The guests of the discussions and master classes – Chief Risk Officers (CRO), will consider recent trends in this sphere. The first day of the main conference will be Tuesday, when keynote addresses will be delivered by Ulyukayev, Zlatkis and Aksakov. Pankin and O'Neill will present their reports on the second day of the main program (Wednesday).
The Forum’s sessions on November 27 will discuss key developments in the Russian banking sector, the influence of the euro zone crisis on it, the processes of consolidation, mergers and acquisitions, privatisation aspects, issues of capitalisation and funding sources, as well as the strategy of Russian banks for the 2012–2013 period. On November 28, the Forum participants will consider aspects of the development of global markets and their impact on Russia, as well as ways to create an effective financial infrastructure.
Along with plenary discussions, targeted discussions in the roundtable format, which will take place in parallel, are scheduled for Wednesday. Among the issues to be discussed are the development and growth of retail banking services (consumer, mortgage lending, electronic and mobile banking and other products); corporate governance and sustainable development in Russian banks. The final day of the conference (November 29) will be devoted to strategies for improving the efficiency and profitability of banks.