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International interbank forum kicks off in Baku - UPDATED - PHOTOSESSION

International interbank forum kicks off in Baku - <font color=red>UPDATED - PHOTOSESSION</font>

26 April 2012 08:28 (UTC +04:00)

The general sponsors of the forum are Moscow International Currency Association and Azerbaijanâ€™s Muganbank.

Near 300 representatives, including representatives of state management organizations, head managers of banks and stock exchanges, treasury departments, correspondent relations departments, financial institutions, heads and employees of interbank business, FX&MM dealers, heads of financial, broker and consulting companies, experts, analytics and media representatives will attend the forum.

EU representative IstvÃ¡n Lengyel spoke about the current state of international interbank market, large financial institutions, investors and sovereign funds.

Todayâ€™s session of the forum will hear lectures on â€œDevelopment of Kazakhstan banking system during post-crisis periodâ€, â€œRussian practice in insurance of depositsâ€, â€œMoney-credit policy of Belarusian National Bankâ€, â€œInternational cooperation in financial sphereâ€, â€œInterbank currency market of Ukraineâ€, â€œMoney transfersâ€. The event will see reports â€œInterbank Forum â€“ as a measure for further development and mutual integration of interbank communityâ€ by Shaig Alakbarov, Member of Supervisory Board of Muganbank and â€œBank- guarantee of security and success for work at FOREX â€ by Konstantin Rasulov, Deputy Director of Treasury Department.

During the Forum current state of bank systems of Eurozone, other foreign countries will be analyzed, results of development of interbank business by today and future forecast will be made. One of the main discussion topics at the Forum will be problems of banks cooperation and development of interbank market in the conditions of tightened regulative requirements, including requirements to capital of credit organizations, problems of increasing bank assets profitability, risks management, and introduction of new quality standards of corporative governance.

The forum will give opportunity to exchange opinions, summarize obtained experience, discuss the most topical problems and estimate activity effectiveness of various financial market segments.
The forum will last till April 27.