Bankers to discuss domestic investments in Russia at London conference

On Monday the participants in the London conference Bank on Russia will consider possibilities of domestic investments in the Russian Federation.

As the forum's organising committee reported, this year the conference is to be held for the second time. The main tasks of the event are to consider the political and economic prospects of Russia's development in 2004-2005, to seek ways of a possible increase of financing, and to study the structure of the Russian stock market.

The forum participants will discuss methods to encourage new investments for companies and banks, and the restructuring and privatization of the Russian banking sector, and also study the possibilities of retail work of banks and the development of the loan market.

The list of the participants in the conference includes representatives of the largest Russian commercial banks, bankers from Great Britain, the USA, Switzerland, Germany, Austria, France and other countries, and international financial experts and analysts.

The organisers cited The Structure of Reforms and a Macroeconomic View on Russia, Political and Economic Prospects for 2004-2005, Development of the Market of Syndicated Bank Credits in Russia, and Corporal Bonds in Russia - Possibilities for Companies and Banks among the concrete questions to be touched upon at the conference.

British journal Banker and the Financial Times newspaper are the principal organizers of the one-day conference to be held at Claridge's hotel in London.