Decisions have been taken about the Government being ready to take on risk associated with long-term investments as part of financing for the project factory that Vnesheconombank is launching. If the interest rate deviates too much from the key rate, the Government will undertake the risk of this deviation. Consequently, our banks will be able to credit long-term projects more actively — Anatoly Aksakov, Chairman of the Committee of the State Duma of the Federal Assembly of the Russian Federation on Financial Markets; President, Association of Regional Banks of Russia (Association ‘Russia’).
If the state truly wants to attract long-term money to the economy, and it’s almost always private investment, [...] then we need to create opportunities for strategic investors by supporting their risk appetite — Sergei Belyakov, President, Association of Non-State Pension Funds; Chairman of the Management Board, National Association of Investment and Development Agencies; Chairman of the Presidium, The Retail Companies Association.
The regions have a very important role in stimulating investment processes — Yaroslav Lissovolik, Senior Managing Director, Head of Analytical Directorate, Sberbank.
Permanent financing arrangements need to be created. [...] Securitization could become one of the market drivers [...] We have established a special working group with the Bank of Russia that has long been developing lending standards for subsequent securitization. [...] We have developed standards for securitization itself — Dmitry Golovanov, Chairman of the Board, SME Bank.
We need a transmission mechanism to turn savings into investments. [...] We need a special programme for the development of institutional investors, the development of regional financial systems, and the legalization of shadow capital in the country — Vladimir Gamza, Partner of the Group of Financial and Consulting Companies FalconFinance, Audit Group.