19th Banks of Russia – International Banking Forum of the 21st Century in Kazan — RealnoeVremya.com

The 19e Banks of Russia — 21st The Century International Bank Forum organized by the Association of Regional Banks opened in Kazan on September 22. President of Tatarstan Rustam Minnikhanov, Chairman and Chairman of the Board of VTB Andrey Kostin, Chairman of Promsvyazbank Pyotr Fradkov arrived to participate. The head of the State Duma committee for the financial market Anatoly Aksakov became the moderator.

State Duma Chairman Vyacheslav Volodin sent his greetings to the participants. First Andrey Kostin was congratulated on his birthday, then Rustam Minnikhanov gave his speech.

The forum was usually held in Sochi, but this year it was decided to hold it in Kazan for the first time. The republic has great potential to develop the banking system. “We must move forward despite the problems,” noted Anatoly Aksakov.

Central Bank President Elvira Nabiullina was due to deliver a speech at the 19e Banks of Russia — 21st Century International Banking Forum. We learned on September 21 that she would not come.

The head of the Bank of Russia is a regular at the forum. She has presented reports and participated in roundtables and sessions at at least the last four international banking forums.

It is “necessary to find a balance” in the disclosure of information

On the first day of the Banking Forum, September 21, a meeting of the Russian Council of Banking Associations and a round table Finance Partners: State and Development Prospects took place in Kazan. Advisor to the President of the Bank of Russia Alexey Simanovsky was the moderator.

At the meeting of the Russian Council of Banking Associations with representatives of the Central Bank and the Ministry of Finance, they discussed the supervision and risk-oriented stimulation of lending under current conditions, the preservation of the potential of investment of the banking sector for the economy and the interaction of banks with other players in the financial markets.

Photo: asros.ru

Chairman of the Russian Association of Banks Georgy Luntovsky highlighted two aspects in the foreground: the search for resources to invest in the economy and the disclosure of information by banks and issuers.

“You have to find the right balance between the occlusion of information so as not to push anyone to new restrictive measures. On the other hand, it is necessary to provide the market with enough information to be able to assess the financial situation of its participants. This will help the stock market grow,” Luntovsky noted.

Later, at the press conference, the head of the State Duma’s Financial Market Committee and Chairman of the Board of the Association of Russian Banks Anatoly Aksakov said that a draft law on an experiment in launching Islamic banking in some Russian regions, including Tatarstan, had been presented to the State Duma.

Luiza Ignatieva

Tatarstan

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