Babich M.V. welcoming speech to participants and guests of the 14th All-Russian Banking Forum
Welcoming speech to the catalog of the 14th All-Russian Banking Forum, the Plenipotentiary Representative of the President of the Russian Federation in the Volga Federal District Babich Mikhail Viktorovich. Dear participants of the 14th All-Russian Banking Forum! Today more than ever our Russian economy needs effective operation of the banking sector. President of Russia, V.V. Putin, set the task of improving the work of the Russian banking system, which in the short term should be one of the most advanced in the world, meeting the international standards and requirements of the XXI century, and play a key role in the modernization and technological upgrade of our economy.
Credit institutions located in the Volga Federal District, play a significant role in the development of the real sector of the economy by increasing the availability and attractiveness of financial services for small and medium businesses, to create the necessary conditions for the modernization and renovation of production.
All-Russian Banking Forum is not just a platform for discussion of issues of private economic sphere, but also an effective tool for developing practical recommendations and solutions that can be used in the development of banking regulations and the implementation of financial projects in the future. Annual discussions taking place within the framework of the Nizhny Novgorod Fair representatives of the Bank of Russia, large financial institutions and community experts will certainly contribute to solve actual problems of the sector, improve the regulatory framework and the development of the banking sector. I am sure that the work of the 14th All-Russian Banking Forum will serve as an additional incentive for building good policies in the finance sector.
I wish the organizers and participants of the forum constructive dialogue and productive work!