OREANDA-NEWS.  July 19, 2012. The 17th Saint Petersburg International Banking Conference has opened at the Corinthia Hotel in Saint Petersburg. The conference has been organized by Promsvyazbank, the Federation Council Committee for Financial Markets and Currency, and the Association of Russian Banks. Attendees include the National Payments Council, Bloomberg and MICEX-RTS, reported the press-centre of Promsvyazbank. 

In his opening speech Artem Konstandian, the President of Promsvyazbank, said: “This year is one of anticipation; we are wondering whether the new wave of crisis will happen or not; what will happen to euro; whether the economies of the South European Union countries stay afloat. Changes in the global banking landscape and the increasing role of the emerging markets are key aspects that will be a central part of discussions at our forum.”

Key themes of the 17th Saint Petersburg International Banking Conference include:
The Russian banking system: internal and external challenges, further development and prospects
The changing banking landscape: developing markets vs. developed markets
Capital issues of Russian and international banks and the impact of Basel III requirements
Development outlook for domestic and global financial markets: leading analysts’ expectations
The general partner of the Conference is HSBC; official partners are Royal Bank of Scotland and J.P. Morgan, and among the partners are Credit Suisse, Citibank, Commerzbank AG and Deutsche Bank.
The Kommersant publishing house is the general information partner of the conference. Official information partners include Euroweek, Prime and the bankir.ru Internet-portal. Other partners are Interfax, Analytical Banking Journal, the banki.ru data portal, Cbonds, National Banking Journal, Banks and the World of Business, the CEO magazine, Business New Europe and OST-WEST-CONTACT.

The official web-site of the 17th Saint Petersburg International Banking Conference is www.spbconf.com

About Promsvyazbank
OJSC Promsvyazbank, founded in 1995, is one of the leading privately-owned Russian banks, with total assets of RUB 556 bn and total capital of RUB 71.3 bn under IFRS as of 1 April 2012. Holding company Promsvyaz Capital B. V. owns 88.25% of the Bank and the European Bank for Reconstruction and Development owns the remaining 11.75%. PSB has the following international credit ratings: “Ba2” from Moody’s Investors Service; “BB-” from Fitch Ratings. As at 1 May 2012, PSB had a network of about 290 points of sale including an overseas branch in Cyprus, and representative offices in China, India, Ukraine and Kazakhstan.http://eng.psbank.ru/