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Joint meeting of the FBA EAC Supervisory Board and the International banking council

On May 28, 2020 a joint meeting of the FBA EAC Supervisory Board and the International Banking Council (IBC) was held. The meeting was held in the mode video conference. The meeting was presided over by the Chairman of the Executive Board of the FBA EAC, the Chairman of the MBS Alexander Murychev.
            The theme of the enlarged session was "Implementation by banks and banking associations measures to support national economies and populations in coping with the consequences pandemics."
            The meeting was attended by the heads of the national banking unions and the Ministry of Finance. Associations from 11 Eurasian countries (Poland, Ukraine, Montenegro, Kazakhstan, Georgia, Hungary, Armenia, Uzbekistan, Russia, Azerbaijan, Kyrgyzstan), members Supervisory Board of FBA EAC (Germany, France, Russia, Kazakhstan), representatives of the EEC financial and banking sector, as well as managers of the banking sector associations of CIS, Central and Eastern European countries took part at the meeting  A. Murychyev addressed the audience with a welcoming speech. About activity of national banking associations, banks and governments to support economies their countries were told: Secretary General of WASEEE Istvan Lendiel, President Union of Banks of Kyrgyzstan Anvar Abdraev, Chairman of the Executive Committee of the Association of Banks of Kyrgyzstan Marat Baitokov, General Director of the Association of Banks of the Republic of Uzbekistan Bakhtiyar Hamidov, CEO and President of SCHEIDER GROUP, Member FBA EAC Supervisory Board Ulf Schneider, Executive Director of the Union Armenian banks Seyran Sargsyan, Member of the Executive Board of FBA EAC, Head of FBA EAC Representative Office in the Republic of Armenia Samvel Chzmachyan, Executive Director of the Association "Independent Association of Banks of Ukraine" Olena KorobkovaExecutive Director of the Association of Banks of Azerbaijan Yunus Abdulov.
            Participants in their speeches and comments noted in many respects the identity of taken measures. The governments of Eurasian countries support business, banks and the population. Speaking of the current stability of the banking sector and the sufficiency of the state of support, bankers discussed possible future problems of the sector related to by a growing crisis. The discussion was held in a constructive and businesslike manner.