OREANDA-NEWS. February 21, 2008.Russia regional banks’ association together with Expert RA started preparing the Strategy of the banking sector development for 2009–2015. “The project has been initiated by the community of bankers and experts, striving to use their potential for the benefit of the country. Our goal is to present the document for discussion to the Parliament, the RF Central Bank, the RF Government and the Public Chamber, – said Anatoly Aksakov, president of the regional banks’ Association, member of the National banking council, deputy of the State Duma.

The current Strategy of the banking sector development, approved three years ago, was prepared till 2008. Its tasks were partly implemented, crediting of the real sector and consumers showed increased volumes. But, according to common opinion of economists, the banking sector in Russia is still undercapitalized and not sufficiently competitive. New more ambitious and brave tasks demand new approaches and ideas, aimed at surpassing inertia of development and achieving a new ascending trajectory.