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It was attended by President of ARB Garegin Tosunyan, Chairman of Bank Zenit Alexei Sokolov, President of BIN-Bank Mikail Shishhanov, President of the bank «Electronics» Vladimir Romanov, Chairman of the Board of Directors Agrohimbanka Vladimir Gamza.

During the meeting with the press, which was attended by representatives of several dozen media, were analyzed the results of last year and prospects for the development of the national banking system in 2005, as well as the major challenges in the implementation of which the banks to work together in the coming months.

Last year was filled with a complex, sometimes contradictory processes in the life of the national banking system, said in his speech the head of BDA. All market participants have gone through many emotions - both positive and negative. This year the whole of society seems to have realized the importance of stability of the banking system and its dynamic growth. It's hard to overestimate the role of ARB as a self-organization, which, on behalf of market participants should have in large measure been involved in the ideology and the main vectors of the development of banking throughout our great country.

During the year the banking community to actively implement the outcome of that with the ARB were to legislative and regulatory levels have been adopted in 2003 and early 2004. Work on many of the fundamental instruments for the banking sector has shown that they can be successfully designed and implemented only with the direct participation of the banking community. Only the market participants may well determine how and in what direction to grow the business in order to most effectively work for the benefit of the economy and the people of the country.

G. Tosunyan stressed that to resolve complex situations need to work together as a team, community rally, bringing to the fore the common interests and forgetting the differences. In 2004, our ranks, the President told the BDA, added another 52 new members. At the same time can not be said of the loss. A number of banks fail to pass the competition, resulting in they had withdrawn the license.

During the past year, we tried to do everything together - discussing, looking for ways to solve disputes, and - we have made some serious results. But ahead of us still a great field for work. Many critical issues have not yet been resolved. Unfortunately, they are a long time are at the stage of decision. This concerns issues such as resourcing, cost reduction, reduction of inappropriate functions of banks, etc. However ПУЙМЙФ road that goes. However, in a single corporation, which has much more in common than differences, it is possible to walk this way is easier and faster. The head of the BDA told the Association developed a draft plan of major activities scheduled for the current year. Thus, XVI Congress of the ARB will be held on 5 April in Moscow. The plan will be published after its final approval.

participants of the press conference answered many questions.

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Help on the main objectives of the ARB in 2005

1. At the XVI Congress of the Association intends to raise the issue of introducing developed banking community additions and changes to the strategy of development of the banking system, which so far remains unsigned.

2. The main strategic objective of the ARB - indeed achieve a stable and dynamic development of the national banking system.

3. There is still a pressing issue of saturation of long-term resources. Without it, you can not really move forward on any of the segments of the economy.

4. As before, the important large cap banks and the restructuring of the banking system. Its decision should be encouraged by regulatory and oversight bodies.

5. Continues to «hold» the problem of reducing the costs of banks, reducing reporting costs of their services, which in turn leads to a clear overestimation of the level of interest rates.

6. Particular emphasis will be placed on the issue of quality of work not only regulators but also the banks themselves, in their corporate governance. This topic was devoted to conference in Ufa.

7. ARB suggested denser develop standards for banks' actions and evaluating their work.

8. Together with the banks, the Central Bank, legislators and government, we will continue to work on areas such as the development of the mortgage, the introduction of deposit insurance, lending to small and medium business, consumer loans, the introduction of IFRS, etc.

Source: BDA