28 June 2021

The session will feature a discussion with banks’ representatives and focus on major risks for the sector and development prospects of the banking business.
In particular, the following issues will be covered:
1. strategic risk of disintermediation, including the impact of the population’s dynamic shift to direct investment in the stock market, potential effects of digitalization and the introduction of the digital ruble.
2. classic risks of the banking sector, including risks related to concentration, overheating of certain segments, and decrease in the bank margins.
3. new challenges: climate, social and corporate governance risks.

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Strategic risks and new opportunities for the banking sector