Rus News Journal

The bank congress in Vladivostok

In Primorski Krai opens will discuss questions of liquidity of the Russian banks

Today in Vladivostok begins work III International bank congress of the countries Asian - Pacific region Banks, regulation, liquidity organised by Bank of Russia, Association of the Russian banks, GU the Central Bank across Primorski Territory and local administration.

we Will remind that I International bank congress of the countries ATR passed in Vladivostok in September, 1994. Its theme was formulated as Cooperation in Asian - Pacific region - trust and a guarantee of banks . The second Vladivostok congress has taken place in September, 1995 under the name Banks, investments, real estate . And here now organizers of the congress have suggested to discuss questions of regulation of liquidity of the Russian banks.
It is supposed that during the congress regulation questions monetary - credit sphere, activity of banks in a present economic situation, managements of liquidity and reserves of banks, and also possibilities of consolidation industrial and financially - bank resources will be discussed at the decision of problem situations.
today on the congress reports of the head of committee of the State Duma under the budget, taxes, banks and Michael Zadornov`s finance, and also vice-presidents of Bank of Russia of Alexander Handrueva and Alexander Potyomkin are planned. Performance of the chairman of the Central Bank Sergey Dubinin Besides, is expected. Reports of the head of the Central Bank on taken place before the Vladivostok congresses were devoted to an estimation of a current condition of the Russian bank system, mainstreams monetary - the credit policy for the nearest period and on prospect, to questions of state regulation of bank sphere and attraction of foreign investments into the Russian economy. So, in September, 1994 the head of the Central Bank of Russia Victor Gerashchenko has declared in Vladivostok impossibility of a solution of a problem of economic stabilisation by exclusively methods monetary - credit regulation and about necessity of carrying out of the state investment policy directed on overcoming of recession in investment activity and restoration of economic growth. Gerashchenko Tatyana Paramonova who has come in the stead on the congress in September, 1995 has stated the developed Central Banks scenarios of decrease in inflation and strengthening of bank system in 1996.
participation in a bank forum of the Minister of Economics of Russia Evgenie Yasin, the vice-president of Association of the Russian banks Vyacheslav Zaharova, the general director of Federal management on affairs about Peter Mostovogo`s inconsistency Is expected also. Among foreign participants - ING Bank (Netherlands), Midland Bank (Great Britain), Citibank and Bank of America (USA), Bank of Tokyo (Japan). Yesterday within the limits of the congress in Vladivostok the exhibition of investment projects and new bank technologies in which have taken part ING Bank, company Price Waterhouse, and also firms IBM, Hewlett - Packard has opened.

DEPARTMENT of the FINANCE