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01.08.2005  
The representatives of JSCB “EXIMBANK” participated in International Banking Conference “Development of Retail Banking in the Region”
On 26 – 28 of July 2005 the Second International Banking Conference “Development of Retail Banking in the Region” (The Past and Future of Plastic Cards and Payment Technologies) was held in Tbilisi, the organizer of which was JSC People’s Bank of Georgia. The representatives of the main banking and non-banking financial institutions of Russia, Lithuania, Latvia, Armenia, Georgia and Moldova took part in the conference.

The main focus of the conference was the discussion about the perspectives of money transfer market and card market. During these days the participants of the conference were exchanging opinions on following issues:

  • Advantages of banking cards versus cash;
  • World experience of banking cards;
  • The role of International Payment System VISA International in development of credit market;
  • The role of stimulating programs in promotion of new banking cards products;
  • Enlargement of business geographical boundaries of international money transfers;
  • Creation of unified informal and analytical space, etc.
Organizing for the second time of the International Banking Conference was contributed further rapprochement of the regional banking systems, the exchange of experience and strengthening business relation among participating banks as well.
 
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