The main topics for discussion of over 400 participants - experience change, improvement of financial legislation and integration of banks in CIS states. Most participants came here to share their experience in sphere of reforming of financial systems of their countries. Latvia fights washing capital, in Russia only 25 % of population keep money in banks and the bankers try to attract deposits. According to Bolat Zhamishev, chairman of Agency of RK on regulation and control of financial market and organizations, the main task in Kazakhstan is to prevent raise of bank risks in mortgage crediting.

- Quick increase of borrowings into property noticeably influences the raise of bank risks. The risks of mortgage crediting are insolvency of a borrower, quick decrease of prices for dwelling, change of percentage rate, says Bolat Zhamishev, chairman of Agency of RK on regulation and control of financial market and organizations.

According to the Agency of RK on regulation and control of financial market and organizations, credits for dwelling reached a record number 98 % per year. Assets of banks of 2nd level – $25 billions.

- Bank system of Kazakhstan is considered to be the most developed and progressive and it creates background for further raise and consolidation, said Svetlana Trofimova, financial analyst of rating agency «Standart&Poor’s».
Meanwhile, the international financial agencies warn that it is necessary to liberalize the market of securities in Kazakhstan. They suppose that largest international banks can come to the financial sector of the republic and it will increase the level of bank services and reduce percentage rates of mortgage credits.