Banking Services without Banks

January 12, 2017, 15:30 – 17:30, Building 5, 4th Floor, White Hall

The main themes shall be development bifurcation points: banks and banking, government-owned and private banks, federal and regional banks, offline and online banks (do we need branch networks?). Due to the emergence of payment services such as PayPal, Bitcoin cryptocurrency, Blockchain, P2P lending, the global financial system is being transformed. Large IT companies have already turned their attention to the development of financial and technological platforms. This work resulted in their own developments in this field. All this inevitably leads to competition with classic commercial and investment banks.

Issues for Discussion

  • What will the emergence of new players in the world of finance lead to in the future?
  • How is the global financial landscape being transformed?
  • When will financial and technological platforms replace classic banks?
  • Development bifurcation points: public and private banks, federal and regional banks, offline and online banks
  • Do the modern banks need branch networks?

Moderator

  • Ruben Aganbegyan
    Ruben Aganbegyan

    Chairman of the Management Board, Member of the Board of Directors, Otkritie Holding JSC

Participants

Expert

  • Andrey Belykh
    Andrey Belykh

    Researcher, RANEPA; Director, Economics Directorate, St. Petersburg Bank Branch Network