A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 165 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 76 countries worldwide, and 154 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Roundtable 2.2. Microfinance under New Conditions: Reducing the Loan Cost and the Stability of Microfinance Institutions
7 June 2018
17:00—18:30

At this roundtable, we plan to examine the potential of the microfinance market to reduce the cost of microloans whilst preserving stability in various business models (transformation and adaptation to new business model conditions in the offline/online sectors, PDL/Instalments/SME), and to discuss risk management solutions (risk standards, scoring models and innovations). Experts will refer to international experience and Russia’s best practices to review how microfinance organisations use new technology to reduce the cost of their products and improve their stability. Among other topics, this discussion will address the impact of legislative changes on the cost of microloans.


Date
07.06.2018
Forum
International Financial Congress
Started at
17:00—18:30
Conference hall
Manege Central Exhibition Hall, Roundtable hall 4 (second floor)
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