Final press release conference

6-th International Conference
RUSSIAN FINANCIAL MARKET 2007
SMALL AND MEDIUM BUSINESS AS THE BASIS OF LASTING OF CIVIL SOCIETY

2 NOVEMBER 2007
Conference Hall Pavilion № 7
Expocentr «Expocentr»
Moscow

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

organizers of the project were International Exhibition Agency IFA and Association of Regional Banks of Russia . The Conference was 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, developing new mechanisms for financial support to small and medium entrepreneurship.

the plenary of the Conference «PLACE AND THE ROLE OF SMALL BUSINESS IN THE ECONOMIC AND SOCIAL PROBLEMS OF MODERN SOCIETY» have been discussed the most pressing public policy issues to ensure that small businesses' access to finance, improving the efficiency of their finance and guarantees for banks.
A presentation was made by Anatoly Aksakov - Deputy 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 the Department for support and development of small business 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 developments.
Presentations were made: Vladimir Chistyuhin - Deputy Director, Department of banking regulation and supervision of the CBR; Natalia Larionova - Chief of the regulation of the activities of the Department of State regulation in the economy of the Russian Federation Ministry of Economic Development ; Alexei Ermolaev - Director, Foundation for lending MB; Michael Mamutov - President of the Russian Microfinance Center; Svetlana Sagaidak - Deputy Chairman of the Board, «Russian Bank for Development »; Andrew Marulev - Managing Director of the Department's loan servicing small business customers,« 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», CRA «Rosbank» .
Alternative FINANCIAL SERVICES BUSINESS offered to the company NB «TRUST», «WP Leasing», «FC Eurokommerz» . The 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» .