Track: Macroprudential policy
11.00 — 11.50
Macroprudential policy of the Bank of Russia: new challenges and tools

The pandemic crisis has shown the importance of banks accumulating capital and liquidity buffers. Built up during prosperous times, these buffers allowed the banks to absorb losses incurred throughout the pandemic.
Against the backdrop of economic recovery and accelerated lending, the Bank of Russia has already returned to its pre-pandemic buffers for new unsecured loans.
In the future, the Bank of Russia plans to use a new tool – quantitative limits, which could become an effective risk mitigation solution. Session participants will discuss a range of related questions: How will the new tool complement the existing risk mitigation mechanism?
What will macroprudential policy look like as the economy recovers? How will it affect the banking business?

Track: Microfinance
12.00 — 12.50
Expanding supervisory powers of self-regulatory organisations

How can self-regulating organisations (SROs) find the balance between their supervisory functions and protecting the interests of their members?

Basic and internal standards as a tool for ensuring market participants’ integrity.
First results of dividing the mandate between the Bank of Russia and SROs.

13.00 — 13.50
Transformation of microfinance organisations’ business models under the influence of the pandemic and legal regulation

The impact of the pandemic on microfinance institutions’ business models (socialization, personal data, and reserves). Adjusting strategic plans. Further steps in developing online microfinance organisations.

14.00 — 14.50
Microfinance organizations financing entrepreneurs: organic development or artificial growth?

The impact of the pandemic on microfinance institutions’ business models (socialization, personal data, and reserves). Adjusting strategic plans. Further steps in developing online microfinance organisations.
Development of state and private microfinance organisations providing services to SMEs. Further prospects, new programmes, changes in consumer demand and customer profiles, and regional dimension.

15.00 — 15.50
Cooperative credit: principles of working with shareholders and current challenges

The development of the commonality principle. How can we protect and better engage members of cooperatives? New development trends.

See more: https://ifcongress.ru/index/en

INTERNATIONAL FINANCIAL CONGRESS. Macroprudential policy. Microfinance