Baku, Finance Time.  On October 2-6, 2013  an International Banking Conference on “Regulatory innovations and state-of-the art technologies in the interbank financial market” organized by The Moscow International Currency Association (MICA) will take place inKaliningrad, Russia.

“Muganbank” OJSC will be the primary sponsor of the  international conference.

The event  will be attended by  the representatives of regulatory authorities, top managers of banks, exchanges, financial, brokerage and investments companies,  managers and officers of treasury departments, correspondent relations departments and financial institutions, FX&MM dealers, experts and analysts.

 The topics of discussion in the conference will be the issues relating to the regulation and infrastructure development of the interbank financial market  (FX&MM, forward contract trade, REPO transactions, bond market, use of  up-to-date electronic systems and technologies, cross-border transactions, money transfers, etc.).

The Moscow International Currency Association (MICA) was established in 1999 at the initiative of  a number of leading banks. At present the Association members include about 100 organisations.  The Association regularly holds different banking forums and research-to-practice conferences, therby facilitating the reinforcement of partnership relations among Russian and CIS credit organisations.

“Muganbank” OJSC, one of the well-known participants of Azerbaijani financial-banking industry has been functioning since 1992. The bank’s 30 branches and 4 sub-branches in the country, as well as its representative office in Moscow  effectively serve customers with all types of banking services. “Muganbank” OJSC actively cooperates with international financial institutions among them the US Agency for International Development (USAID), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (“IFC”), World Business Capital, Inc. (WBC) and Overseas Private Investment Corporation (OPIC).