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 – 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 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 129 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 69 countries worldwide.

RC personal account
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Alexander Vedyakhin

Alexander Vedyakhin

First Deputy Chairman of the Executive Board, Sberbank
Quotes
23.10.2019
Russia- Africa Economic Forum 2019
Financing as an Essential Instrument of Economic Growth in Africa
Sberbank is ready and will follow its clients to the African continent. <...> In this case, risks are distributed in part to the client, in part to our African partners and are closed by Afreximbank, as well as a number of other financial institutions. But for us, as a Russian institution, it is very important that we have EXIAR. We take risks of the African continent much more easily under the coverage of EXIAR
23.10.2019
Russia- Africa Economic Forum 2019
Introducing Russia to Africa
Joint development of technologies with the use of artificial intelligence has a great potential for our cooperation. Artificial intelligence technologies develop swiftly and will help resolve the most pressing issues impacting African countries and will result in the growth and development of the most important segments of the economy
23.10.2019
Russia- Africa Economic Forum 2019
Russia and Africa: Uncovering the Potential for Cooperation
Cybercrime has intensified in the past few years. The attacks have increased in scale and danger, they bring colossal damage to the global economy. According to international experts, the losses from cyberattacks in 2018 in Africa amounted to USD 295 million, whereas global count was at USD 1.5 trillion
05.09.2019
EEF 2019
Digital State: New Business Models Brought by Total Digitalization
The problem is that the state treats people as citizens. Just imagine that a person is a state’s client: it implies a dramatic shift in perception. You will see that we all compete for the same people, state’s clients, bank’s clients, telecom clients. In our bank, we provide instant, proactive services, we give recommendations to clients, and they get used to it. And then they expect the same from the state
07.06.2019
SPIEF 2019
Digital Future: What’s in Store for Us?
Artificial intelligence is dramatically changing the whole financial segment. The areas where we apply artificial intelligence showcase improvement of at least 30%: it is either cost reduction or revenue increase; this is significant
06.06.2019
SPIEF 2019
Who Stands to Win in the Global Competition for Supremacy in Artificial Intelligence?
As leaders in this field, we need to tell more about the advantages of artificial intelligence and what it can offer to the society
06.06.2019
SPIEF 2019
Who Stands to Win in the Global Competition for Supremacy in Artificial Intelligence?
The most difficult thing in crediting is crediting of major companies. At the best, it usually takes 2–3 weeks for a bank. We have launched an AI-based process that takes 7 minutes from client’s request to actual money, including legal analysis. <…> We do not have a single model that would increase productivity for less than 30%. <...> We have no alternatives, it must be implemented
06.06.2019
SPIEF 2019
Who Stands to Win in the Global Competition for Supremacy in Artificial Intelligence?
There are now over 2,000 models functioning at the bank that can be called AI and ML-based models, and this number is constantly growing