A Second Life for Banking Assets. New Opportunities for Investment

24 May , 11:00–12:15
Harnessing Russia’s Growth Potential
Panel Session
Pavilion G, Conference Hall G6
In partnership with the State Corporation Deposit Insurance Agency

The book value of the assets of liquidated banks in Russia exceeds RUB 4 trillion. Returning these assets to the country's economy is an important step for attracting private investment to the regions, creating new jobs, and increasing tax revenues to the budget. What are the problems in evaluating the investment potential of the assets of liquidated banks? What are some of the success stories of industrial projects built on assets acquired from the Deposit Insurance Agency, and what has been the international experience? What is the macroeconomic significance of this sector? What is the current development pathway for working with assets? What financial benefits could acquiring the assets of liquidated banks offer? What are the advantages of participating in auctions for the sale of assets and how does Russian experience differ from that of other countries?

Neil MacKinnon, Global Macro Strategist, VTB Capital

Anatoly Aksakov, Chairman of the Committee on Financial Markets, State Duma of the Federal Assembly of the Russian Federation; Chairman, Association of Russian Banks
Yury Isaev, General Director, State Corporation Deposit Insurance Agency
Paolo Petrignani, Chief Executive Officer, Quaestio Capital SGR S.p.A.
Vasily Pozdyshev, Deputy Governor, Bank of Russia
Takamasa Hisada, Deputy Governor, Deposit Insurance Corporation of Japan