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On 2 November 2007, at the Expocentre in Krasnaya Presnya held VI International Conference «RUSSIAN FINANCIAL MARKET 2007».

The organizers of the project were International Exhibition Agency IFA and the Association of Regional Banks of Russia.

Conference prepared with the support of the State Duma, the Russian Federation Ministry of Economic Development, Department for support and development of small business in Moscow, Russian Agency for Small and Medium Business, MAP and MIBA, the Moscow Association of Entrepreneurs and MIBA.

Main objective of the conference was to discuss the current state of the public and banking policy in relation to the Russian businessman at the present stage, the effectiveness of existing federal and regional level, mechanisms and instruments to support the sector, the prospects for its development and potential problems, the development of new financial support mechanisms Small and medium-sized businesses.

The plenary of the Conference «PLACE AND THE ROLE OF SMALL BUSINESS IN THE ECONOMIC AND SOCIAL PROBLEMS OF MODERN SOCIETY» discussed the most topical issues of public policy to ensure access of small businesses to financial resources, improve the efficiency of their financing and guarantees for banks.

A presentation was made by Anatoly Aksakov - Vice Chairman of the State Duma on Credit Organizations and Financial Markets, President of the Association «Russia». In his speech, he gave an analysis of the current status of small and medium business in Russia, problems of development, prospects of development in the area of small business lending. In particular, Anatoly Aksakov analyzed the effects of international debt crisis in the Russian debt market and the decline in the availability of credit to SMEs.

First Deputy Head of Department for Support and Development of Small Entrepreneurship in Moscow, Alexander Karpov, speaking at the conference, said that the number of small businesses in Moscow, to date more than 200 thousand. Total gross revenues of these enterprises in 2006 amounted to 4.5 trillion rubles. This amounts to 20-22 percent. total gross proceeds of Moscow. 55% of the base of small businesses related to retail businesses, said Alexander Karpov. According to him, in recent times there has been strong growth in revenue from the enterprises engaged in scientific and technological development.

Presentations were made by: Vladimir Chistyuhin - Deputy Director, Department of banking regulation and supervision of the Central Bank of Russia, Natalia Larionova - Chief of the Regulatory entrepreneurial activities of the Department of State regulation in the economy of the Russian Federation Ministry of Economic Development; Alexei Ermolaev - Director, Foundation for Credit MB; Michael Mamutov - President of the Russian Microfinance Center, Svetlana Sagaidak - Deputy Chairman of the Board, «Russian Bank for Development»; Marulev Andrew - Managing Director of Loan Department Customer Service small businesses, «VTB 24».

INCREASE ON BANKING SERVICES SMEs in the region in their speeches the heads of the banks said: «Rus-Bank», «Alfa-Bank», «Bank Uralsib », KB« Rosenergobank », JSB« Rosbank ».

Alternative FINANCIAL SERVICES BUSINESS offered us UXO« TRUST »,« WP Leasing »,« FC Eurokommerz ».

Topic of insurance of financial risks has highlighted the speech of the Director General of the NAO «Alliance».
The Conference «RUSSIAN FINANCIAL MARKET 2007» was attended by 207 people. 63% of the participants presented and Moscow region, 33% represented 17 regions of Russia, 4% - the CIS countries. The Conference was attended by: the first person Banks, heads of credit departments, representatives of government agencies and departments, representatives of insurance, leasing and factoring companies, regional business support centers, as well as businessmen from the regions and cities of Russia, such as Chelyabinsk, St. Petersburg, Ekaterinburg, Omsk, Kursk, Ugra, Khanty-Mansiysk, Kazan (Tatarstan Republic), Krasnodar, Belgorod, Novosibirsk, Vladivostok, Novosibirsk, Maikop (Adygea Republic), Yakutsk (Sakha Republic), Makhachkala (Dagestan), Ufa (Bashkortostan), Kaluga and the Moscow region, as well as from the CIS states - Azerbaijan, Ukraine.

General sponsor of the conference «VTB 24».

Sponsorship of the conference have also: «Uralsib Bank», «Alfa-Bank», «Rosenergobank», «Rus-Bank», «National Bank Trust», «FC Eurokommerz».

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