MIL OSI Translation. Region: Russian Federation –
The Forum will be held on September 15-18, 2021 in Sochi.
I am glad to welcome you to Sochi at the XVIII International Banking Forum “Banks of Russia – XXI Century”, which is one of the most important events in the financial sector. Taking this opportunity, I want to congratulate all of you on your professional holiday – the Day of the financier.
During its existence, the forum has become an authoritative platform where leading experts, shareholders and top managers of the largest banks, representatives of state authorities, heads of financial organizations, development institutions from our country and foreign countries discuss topical professional issues, exchange experience and best practices, establish business contacts.
The coronavirus has become one of the major challenges facing the entire world. The pandemic has affected the economy, but at the same time has given impetus to the development of digital transformation, especially in the banking sector. The necessary support measures developed by the Government, as well as the monetary policy of the Central Bank, helped financial institutions overcome the crisis and start digitalizing the industry. Create unique ecosystems, launch convenient services and services, and bring operations online.
The transition to the online space of financial institutions is not only a new level of comfort, but also serious challenges and threats. Threats that require significant efforts from the state aimed at reliable protection of personal data, maintaining the confidentiality of information, and combating financial fraud.
I am sure that a serious and detailed discussion on the prospects for the development of the national financial industry will take place at the forum. And the recommendations and suggestions you have developed will help to successfully solve the pressing issues facing the industry.
I wish you fruitful work and all the best.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.