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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, 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 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 179 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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Technologies for Housing
25 May 2018
10:00—11:30

2017 saw a record number of mortgage loans, totalling around RUB 2 trillion, and over a million families taking another step on the housing ladder in Russia. Mortgage interest rates fell below 10% in 2017. By 2024 they will have been reduced below 8%. Mortgages are a key driver of demand for housing: every other new-build sale and one in three resales are completed with the help of a mortgage. The current drop in rates means a reduction in bank margins, which calls for improvements in business efficiency. Players who are able to leverage user-friendly service and cutting-edge technologies to increase issuance rates will have the advantage. The example of developed markets shows that the market share has not increased so much for credit organizations as for companies actively involved with innovative technologies, such as PropTech and FinTech. How are technologies affecting the housing market? What will the mortgage service of the future look like for the consumer? Which online services in mortgage loans are set to replace the traditional ones? Is a fully-fledged model for online mortgage lending without physical offices possible? How will the use of blockchain technology in mortgages affect the issuance of mortgage loans and their securitization? Are digital mortgages issued on Western markets, and what lessons can be learned from North American and Western European best practice?

Date
25.05.2018
Forum
SPIEF
Started at
10:00—11:30
Conference hall
Pavilion G, Conference Hall G2
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