International Practical Conference
CONSUMER CREDITING IN RUSSIA
April 14 – 15, 2005
Expocenter’s Krasnaya Presnya Fairgrounds, Moscow
International Practical Conference “CONSUMER CREDITING IN RUSSIA” took place on the 14th & 15th of April, 2005 in the Congress-Hall of Pavilion ¹7, Expocentr, Moscow. It opened an event that was devoted to development of crediting&financial market in Russia. CreditEXPO 2005 Exhibition being an integral part of this project followed, opening the day after.
Conference and Exhibition were organized by the International Fairs Agency IFA, Association of Russian Banks acted as co-organizer; and All-Russian Insurance Association acted as official partner of these projects. Both Conference and Exhibition were supported and assisted by the State Duma of the RF, Russian Union of Industrialists and Entrepreneurs, Russian Chamber of Commerce and Industry, Moscow International Business Association (MIBA) and Association of European Businesses in the RF, consulting was provided by AIG Russia Insurance Company.
Keynote speeches were made by: Georgiy Boos, Deputy Chairman of the State Duma of the RF; Yuri Kormosh, Executive Vice-President of Association of Russian Banks; Eduard Grebenschikov, Head of Information&Analytical Department of All-Russian Insurance Association; Alexander Borisov, General Director of MIBA and Chairman of Consumer Market Development Committee of the Russian Chamber of Commerce and Industry; Alexander Semenyaka, General Director of Agency for Housing Mortgage Lending; Konstantin Aprelev, Vice-President of the Russian Guild of Realtors and President of SAVVA Real Estate Agency, and chief executives from the largest banks and credit bureaus, payment systems and IT-companies, representatives from insurance and consulting companies, real estate agencies and retail chains.
Conference was sponsored by Sequoia Credit Consolidation, Payment System “Zolotaya Korona”, Banking Production Centre, “FASP” Financial Debt Collection Agency and OpenWay Company.
Totally, more than 200 delegates representing 122 companies from Russia, Germany, Latvia and Spain participated in the Conference. The significant share of participants were regional companies from 19 largest cities of Russia. Perfect conditions for getting actual information as well for communication, meetings and negotiations provided high efficiency of the forum.
Among the key Conference participants there were: Avtomir, Agency for Housing Mortgage Lending, AIG Russia Insurance Company, AK BARS Bank, Accenture, Alfastrakhovanie, Association of Russian Banks, Bank of Moscow, Bank Petrokommerts, Banking Production Centre, BIN Bank, Visa International, Vneshtorgbank, All-Insurance Russian Association, VimpelCom, Gazbank, Gazprombank, City Mortgage Bank; Guta Insurance Company; Zapsibcombank; Impexbank; Interfax/Experian; Corporation MIAN; LAUREL; M.Video; IFC; International Moscow Bank; International Industrial Bank; MIR Company; Centre of Hypothecary Programs Miel; Moscow Bank for Reconstruction and Development; MDM-Bank; CB Moscow Capital; Nasta Insurance Company; National Bureau of Credit Histories of ARB; OpenWay; Perekriostok Trading House; Payment System “Zolotaya Korona”; Industry & Construction Bank; Renaissance Capital; Renaissance Strakhovanie; ROSNO; Russian Guild of Realtors; OSAO Rossia; Russlavbank; Sberbank of Russia; Sequoia Credit Consolidation; Slavinvestbank; Soglassye Insurance Company; Uraltransbank; FASP; Fora-Bank; Central Bank of the Russian Federation; SCHUFA Holding AG.
The following keynote topics were under discussion during two Conference days:
Build up of affordable housing. Measures for practical implementation
Development of consumer crediting in Russia and its legal groundwork
Partnership of banks and government in developing the United system of mortgage refinancing as an infrastructure of financial market
Consumer credit as a tool for stimulating the consumer market of Russia
The place of insurance in consumer and mortgage lending
What is necessary for effective debt recovery
IFC: support for Russian banking sector
Solution for choice of sharing resources between increasing of consumer crediting volumes and development of branch network for retail bank with few branches
Credit repayment system
The role of credit cards in consumer finance
The integrated solution supporting the entire credit lifecycle
National payment system
Banking insurance: international experience and perspectives for development in Russia
Credit records bureau: theory and practice
Insurance of financial risks at consumer crediting
How to get the particular client at consumer crediting
Modern tools for organization of payments receiving in consumer credit pay offs
Auto crediting market
Practice of consumer crediting in retail
Growth prospects and restrictions of mortgage lending market in Russia
Mortgage crediting in the Russian Federation from the consumer's point of view
The true cost of consumer loans
Ratings of dynamic financial stability
High professionalism of Organizers’ team and their solid experience in realization of higher-level exhibition projects was a cornerstone for Conference success, and its topics made it the unique event in the finance&crediting market.
With kindest regards,
Anna Gorchakova
Conference Department Director
IFA
phone (495) 411 5202
E-mail: /gorchakova@ifa-expo.ru
The First International Practical Conference
“CONSUMER CREDITING IN RUSSIA 2005” April 14-15, 2005, Expocentr, Moscow
CONFERENCE PROGRAMME
DAY ONE. Thursday 14th April 2005
9:10
Delegates registration
Coffee
10:15
Official Opening Ceremony
10:20
Plenary Session. CREDITING POLICY IN THE RUSSIAN FEDERATION Chairman: Alex Bernstein, Vice-President of MIBA, Chairman of the Board of IFA
Build up of affordable housing. Measures for practical implementation
Georgiy Boos, Deputy Chairman of the State Duma of the RF
Development of consumer crediting in Russia and its legal groundwork
Yuri Kormosh, Executive Vice-President of Association of Russian Banks (ARB)
Partnership of banks and government in developing the United system of mortgage refinancing as an infrastructure of financial market
Alexander Semenyaka, General Director, Agency for Housing Mortgage Lending
Consumer credit as a tool for stimulating the consumer market of Russia
Alexander Borisov, General Director of MIBA, Chairman of Consumer Market Development Committee of the Russian Chamber of Commerce and Industry, Advisor to the Mayer of Moscow
The place of insurance in consumer and mortgage lending
Eduard Grebenschikov, Head of Information&Analytical Department of All-Russian Insurance Association (ARIA)
Current condition of real estate market and evaluation of mortgage crediting possibilities for development in Russia
Konstantin Aprelev, Vice-President of Russian Guild of Realtors, President of SAVVA Real Estate Agency
12:25
Coffee Break
13:00
Session 2. INTERNATIONAL EXPERIENCE IN CONSUMER CREDITING Sponsor of the Session - Sequoia Credit Consolidation
Chairman: Alex Bernstein, Vice-President of MIBA, Chairman of the Board of IFA
What is necessary for effective debt recovery
Evgeniy Bernshtam, Managing Partner, Sequoia Credit Consolidation
Technological platform for work with problem debts: Accenture's experience
Dmitry Belavin, Deputy Director of Finance Sector, Accenture
*Andrei Lykov, Chairman of the Board, Home Credit & Finance Bank
IFC: support for Russian banking sector
Galina Klimenko, Investment Officer, International Finance Corporation
Retail lending in Russia. Current status and outlook
Dmitry Tarassov, Director of Strategic Planning Department, Sberbank of Russia
Insurance support of consumer crediting - western experience and its application on Russian market
Natalia Chasovikova, General Director, British Insurance Company
"CONTACT" - solution for choice of sharing resources between increasing of consumer crediting volumes and development of branch network for retail bank with few branches
Andrey Kruglov, Vice-President, Russlavbank
14:55
Lunch
15:45
Session 3. PLASTIC PAYMENT SYSTEMS Sponsor of the Session - Payment System "ZOLOTAYA KORONA"
Sponsor - Banking Production Centre
Chairman: Alex Bernstein, Vice-President of MIBA, Chairman of the Board of IFA
Credit repayment system
Victor Loik, Executive Director, Payment System “Zolotaya Korona”
The role of credit cards in consumer finance
Oliver Hughes, Vice President Visa CEMEA, Head of Business Development, Visa International Service Association
The integrated solution supporting the entire credit lifecycle as the reflection of today’s lending business demands
Alexander Gorunov, Consulting Director, Banking Production Centre
National payment system – a system to service mass daily payments from consumers
Yuri Demidovich, Executive Vice President, BGS Smartcard Systems AG
WAY4 - palette of solutions
Kirill Bulgakov, Deputy Development Director, OpenWay
Credit cards. Practical experience
Alexei Tokarev, Head of Department, Individual Persons Crediting Management, MDM-Bank
Fuel on credit – 10 years for microprocessing cards at the GSM market
Maxim Drobyshev, Head of Department for Banking Technologies Management, NKT Group
DAY TWO. Friday 15th April 2005
9:30
Delegates registration
Coffee
10:20
Session 4. RISKS INSURANCE IN CONSUMER CREDITING Sponsor - FASP
Chairman: Vladimir Florentiev, General Director of IFA
Banking insurance: international experience and perspectives for development in Russia
Alexander Zaretski, President, AIG Russia Insurance Company
Credit records bureau: theory and practice before law coming into force
Alexei Volkov, Development Director, National Bureau of Credit Histories (NBKI ARB)
*Vladimir Demushkin, Senior Manager, Assurance and Advisory, Financial Services, PricewaterhouseCoopers
Insurance of financial risks at consumer crediting
Pavel Bashnin, Director of Retail Sales Center, ROSNO
Practice of solution of bad debts in retail crediting and during selling goods and services on credit
Alexander Morozov, Consultant, “FASP” Financial Debt Collection Agency
Practice of borrowers life insurance within the limits of consumer crediting
Alexei Juriev, Head of Life Insurance Management, Renaissance Strakhovanie Group
Credit bureaus as a mechanism for risk reduction
John Hadlow, Commercial Director, Experian
12:20
Coffee Break
12:50
Session 5. RETAIL CONSUMER CREDITING Chairman: Vladimir Florentiev, General Director of IFA
How to get the particular client at consumer crediting
Valeriy Kardashov, Director of Center of Retails Products Development and Marketing, Impexbank
Modern tools for organization of payments receiving in consumer credit pay offs
Dmitry Andikalovsky, Executive Director, StranaExpress
SCHUFA Scoring Concept in Retail Consumer Crediting
Nikolai Kolesnikov, Senior Consultant, Decision Systems & Consulting, SCHUFA Holding AG
Consumer crediting in retail business
Dmitry Milshtein, Head of Debt Financing Department, TH “Perekriostok”
Auto crediting market: attractions and perspectives for development
Alexander Smolyakov, Deputy Head of Crediting Division, Avtomir Group of Companies
Practice of consumer crediting in retail. Advantages and deficiency of using of credit products
Irina Korolyova, Director of the Loyalty Programs Development Department, MIR Company
15:20
Lunch
15:50
Session 6. MORTGAGE LENDING Chairman: Vladimir Florentiev, General Director of IFA
Growth prospects and restrictions of mortgage lending market in Russia
Andrey Suchkov, Vice-President, Vneshtorgbank
Creation of dynamic mortgage market: basic priorities
*Igor Kouzin, Chairman of the Board and CEO, DeltaCredit Bank
Mortgage crediting in the Russian Federation from the consumer's point of view
Irina Radchenko, General Director of LAUREL Realty Agency, Vice-President, the Academician of IAMR, Vice-President of IAFH, Vice-President of IHC, Chairman of NAPHM Committee for Information Policy
Mortgage financing mechanisms
Rouslan Isseev, Deputy Chairman, City Mortgage Bank
Development of mortgage crediting in the regions of the RF, practice and peculiarities
Andrey Shelkoviy, Director of the Credit Operations Department, Housing Finance Bank
The comparative analysis of the banks hypothecary services in Moscow real estate market
Julia Verbitskaya, Mortgage Management Director, Miel-Nedvizhimost
Housing market in Russia: current and perspective view
*Nadezhda Kosareva, President, Institute for Urban Economics
17:15
Coffee Break
17:45
Session 7. DEVELOPMENT OF CONSUMER CREDITING IN THE REGIONS OF RUSSIA Sponsor of the session - OpenWay
Chairman: Kirill Bulgakov, Deputy Development Director, OpenWay
WAY4 Loans. Universal technological platform for programs of mass crediting
Kirill Bulgakov, Deputy Development Director, OpenWay
Development of consumer crediting in the regions of Russia
*Andrei Krasnov, Vice-President, Bank of Moscow
The true cost of consumer loans
Sergey Kozlov, Deputy Head of Retail Business Management, Uraltransbank
Ratings of dynamic financial stability
Andrei Petrov, Editor-in-chief of “Banks & Finances” Bulletin, Mobile Information Agency
19:00
Gala Reception devoted to “Consumer Crediting in Russia 2005” Conference and CreditEXPO 2005 Exhibition
