Baku to host CIS banking conference (UPDATED)
BAKU – An international banking conference focusing on the role of financial institutions in modernizing the economies of CIS economies will be held in Baku Оctober 20-23.
The third such conference will be organized by the CIS Finance and Banking Council and the International Bank of Azerbaijan (IBA), the country’s leading bank, with the support of the CIS Executive Committee.
The global financial crisis visually "highlighted" painful points of the CIS countries, making particularly acute issues of complex development of the economies of the Commonwealth, the organizers said.
"In such a situation, the role of each state increases as a guarantor of favorable conditions of financing various projects within public-private partnership. Now there are real prerequisites for it."
According to organizers, participants will discuss the role of regional and international funds in financing structural modernization in the CIS space and coordination in the implementation of joint and cross-border projects.
The "Financial Institutions – basis of structural modernization of CIS countries’ economies" conference will focus on Azerbaijan’s financial and economic development as a key factor for the complex modernization of the business infrastructure of the Caspian region.
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