Moscow: Participation in the panel discussion «Distressed and non-core assets management in credit organizations: direct sale, close share investment funds, obligations»

The panel discussion «Distressed and non-core assets management in credit organizations: direct sale, close share investment funds, obligations» was held on 17th of June. The meeting was organized by Association of Regional Banks of Russia and World Trade Centre. The speaker of Expert Council of the Guild of Property Managers and Developers (GUD) was Vera Setskaya, President of GVA Sawyer, Chairman of Expert Council of financial institutes’ assets capitalization in GUD. Mrs. Setskaya delivered the report «Assistance in capitalization of financial institutes’ assets».

The main issues discussed by the participants in the panel discussion were the questions on harmonization the positions of banks and representatives of infrastructure that ensures efficient and quality management of distressed credit portfolios and non-core assets.

The main aim of the meeting was to attract banks, owners of non-core assets to cooperate with managing companies and professionals of the financial market to rise the capitalization assets and to develop proposals for practical measures for structural work with distressed and non-core bank assets.

Among the participants of the meeting there were representatives from banks and financial market, institutional and foreign investors, professional participants of the real estate market.