ATFBank Reports Results of Euromoney's Conference
OREANDA-NEWS. On January 22, 2007 press-service of ATFBank JSC (Almaty), being the listing company of Kazakhstan stock exchange (KASE) had spread the press-release, in which the following is informed, reported the press-centre of KASE:
On January 15-16, 2008 in Vienna had taken place the next conference of Euromoney. In conference participated representatives of financial sphere of countries of Central and Eastern Europe.
Together with UniCredit Group in the conference was represented ATFBank JSC in face of acting as Chairman of board Mr. Piker Alexander.
Mr. Piker performed with the topic "Economic development of Kazakhstan: which advantages does it bring", in which were listed some researches of market, demonstrated perspectives and tendencies of development of country's economy.
On the conference were touched such topics as: "Connected markets of Central and Eastern Europe", "Financing and investment in aims of protect of environment", "Corporate management and economic growth in modern Russia", "Market of syndicated loans in Central and Eastern Europe", "Regulators of EU: overcoming of inflation pressure", state of markets of CIS countries, Turkey and Czechia.
As a whole by region of Central and Eastern Europe (CEE) was ld that countries of CEE are meeting difficulties of new state in the world:
- UniCredit Group is positively looking at perspectives of region's growth. Mostly evident consequence of crisis is "compression of credit" *
- Countries of Central Europe were less touched by crisis. Risk of "credit compression" is forecasted in South-Eastern Europe, Baltic countries, and other European countries.
- Positive forecasts are confirmed in branchy sector with middle developed technological field and construction, industrial indicators, which are best one.
* note: situation in economy, characterized by high level of interest rates and difficulties in receiving of credits
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