OREANDA-NEWS  On 22 September was announced, that from September 10 through September 14 he eighth Annual CIS Banking Conference was successfully conducted by Parex banka and gathering more than 120 leading clients and partners of the Bank. Riga welcomed the representatives of financial institutions from Azerbaijan, Belarus, Kazakhstan, Moldova, Russia, Ukraine and Switzerland to discuss the latest developments on the investment and capital markets.

The conference, traditionally, offered round table discussions on the most current issues of the region and informative sessions, at which 22 invited speakers shared their expertise on different topics. Commenting on the event, Aleksandrs Lappo, Head of the Financial Institutions Department of Parex banka said: “We managed to discuss a multitude of interesting issues and solve quite a number of the many problems that the market has imposed on us during this past year. The hottest themes at this conference, not surprisingly, were the liquidity crunch in the CIS region and the possibility to attract funds in this complex situation. Besides the speakers from Parex banka, we were honoured to have speakers from such serious institutions as Societe Generale Asset Management, Global Fund Management, Raiffesen Bank Aval, just to mention a few.”

“The developments currently observable on the international financial markets show that our selection of liquidity crisis as the main theme of the conference has been appropriate and relates to the existing market situation. The interest about this issue was very strong and we heard lots of different opinions,” Boriss Kinbers, Head of Brokerage of Parex banka added.

Aleksandrs Lappo acknowledged the successful organization of the conference and confirmed that Parex banka is moving forward and already thinking about its next conferences, which will provide new themes for discussion and see the improvement of the format. He also expressed a hope that the CIS Banking Conference of Parex banka will keep on the tradition to be a meeting place for the top banking experts of the CIS and adjacent regions and promote Riga as a growing and important financial centre.