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, and 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 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

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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Session 5.1: Credit Cooperation: Pathways Towards Earning Trust and Raising Popularity
4 July 2019
11:50—13:00
Credit cooperation, which re-emerged in Russia during the turbulent period of the 1990s, was viewed as a tool that provided the country’s citizens with affordable and transparent financial services. Credit cooperatives (credit unions) were used for a good reason: throughout the world, they were viewed as a form of ‘safe finance’, or ‘household money’. To what degree does credit cooperation live up to this image in today’s Russia?
This session will examine the steps needed to make consumer credit cooperatives trustworthy, popular,
and viable institutions which can also play an effective role in tackling social issues.
Russian industry representatives will share their vision of the future, and the main provisions of the Credit Cooperation Development strategy — which the professional community plans to adopt in June 2019 — will be announced. An international expert will also express his views on the issues to be discussed.
Date
04.07.2019
Forum
International Financial Congress
Started at
11:50—13:00
Conference hall
Presidential Library, Conference hall 4 (third floor)
Analytics on the topic