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Bishkek, Kyrgyz Republic, 2009/09/14 - BIBC is organized by the Union of Kyrgyz Banks, the Banking Association for Central and Eastern Europe (BACEE), The Asian Banker publication and Moscow International Currencó Association.
The Conference is designed as a unique platform for exchange of expertise and information on potential of Central Asian countries, which could attract foreign and local investments.
Through panel discussions, formal presentations and interactive audience participations will gain valuable insights into such issues as:
• Global financial crisis: Impact on Central Asia;
• Kyrgyz economy: current situation and future perspectives;
• Development of banking and financial services - what should be reformed?
• Risk Management;
• Anti-Money Laundering and compliance;
• Possibilities for new banking products: remittances, trade finance, mobile banking, micro-financing.
To find out about the purpose of the Conference and how the issues were selected, what organizers and sponsors do expect from the Conference as well as what experts think about upcoming event of experts, you can read the following article.
Seyit Usmanov, analyst of the Department of International Studies, MGN Group: "Kyrgyzstan’s banking sector has been adopting western banking practices and methods quite fast. Kyrgyzstan’s banking sector offers all the services which supposed to be in the countries with advanced banking system. These are leasing, mortgaging, customer loans, internet banking, VISA credit cards etc. At present a mobile banking has been in a “work in progress“ stage – and it should be developed. Mobile banking is a tool which would enable us to provide customers 24/7 access to their accounts. I believe that the having held such a conference is fruitful in terms of getting an opportunity to discuss various issues and to get acquainted with experience of others in implementing of such services in the market".
Abdraev Anvar, President of the Kyrgyz Banks Union: "Conference is a kind of a meeting. It is a place where we can discuss various issues, have an exchange of experience, and as a result, each participant makes to discover something new. These events are always interesting. I say this, first of all, from the listener’s point of view, and then as an organizer of the event. Banking sector players, especially in Kyrgyzstan, are interested in learning about newest and exiting things in the banking sectors around the world. In addition, Kyrgyzstan is sure of a say, too. For instance, Kyrgyzstan could share its experience in micro-financing sphere. Our micro-financing model could serve as a model for Central Asian countries – in terms of the number in absolute value, the legislative base; investment and customers’ coverage".
Koichumanov Talaibek, Chairman of the Investment Council under the President of the Kyrgyz Republic: "Investment Council closely monitors all major financial and economic events taking place in our country and abroad. For the recent years BIBC (Bishkek International Banking Conference) has become a very remarkable event not only in the region, but also in the world. I’d say that special significance of the BIBC is to attract world’s attention to the real business and financial opportunities in Kyrgyzstan, and to discuss investment potential of the country, as well as new regional projects in Central Asia."