German Gref: “If Tatarstan doing something, doing something good” – Mail.Ru

(Kazan, October 13, “Tatar-inform”). The Central discussion held in Kazan forum Finopolis-2016 discussion “the Financial market in 2026: challenges for business and the regulator.” Moderator — Chairman of the Board of Sberbank German Gref, opening the event, noted the high level of its organization. “If Tatarstan something to do, I do well,” he said.

panelists were: the head of the Bank of Russia Elvira Nabiullina, President of Tatarstan Rustam Minnikhanov, General Director of the group QIWI Sergey Solonin, founder and Chairman of the Board of Directors of “Tinkoff Bank” Oleg Tinkov. Last a little late to the beginning of the flight delays.

Before starting the discussion, the audience was invited to vote and choose which facing the financial environment, the challenges are most relevant. The most votes gained the response “New technology”. German Gref briefly noted: “New technology means new concerns”. The macroeconomic environment has faded into the background. Call “low interest rates” ranked last.

the voting Results was confirmed by the experts: nearly all the speakers noted that the Bank largely missed the development of digital technologies associated with the financial sector.

Most emphatically expressed Oleg Tinkov, who said that in future the Bank will be reduced to the size of the phone. “The Bank is a phone. Maybe gadget will change. This chip will be or glasses, but it will be a gadget. I am deeply convinced that there will be a complete convergence between the mobile operator and the Bank in ten years. something branch will probably remain, but I don’t understand why people still go to offices, it’s very strange,” said the founder of one of the largest online banking.

the main challenge Tinkov called a personnel issue, namely the need to enable the new generation to change the system. This position was supported Gref.

the View that digital technology ten-year term, may call into question the very existence of banks, expressed and Elvira Nabiullina. She told me that just two years ago the bankers among the major challenges was called tighter regulation and lack of capital.

“I think in these two years there was a revolution — we see this on the ballot. Everyone understands that financial technologies have a significant impact on the banking business. It is obvious that technology is changing the landscape of the financial industry. This is evident in many indicators. For the banking industry is a huge challenge. Now the banks complain about low interest rates, unfair regulation, and at this time, crept back financial technology. something , the demand for traditional banking services will remain, but it is more and more being replaced by demand for new technologies, and banks should be prepared for this. Use banks the chance to transform, or leave the market as institutions — it depends on the banks themselves,” — said the head of the Central Bank of the Russian Federation.

President of Tatarstan in his speech noticed that the issue is much broader than only prospects of the banking sector, because you need to think about which industries and occupations will be in demand in ten years. Rustam Minnikhanov reminded that Tatarstan has developed a 2030 Strategy that allows the Republic to be ready for the challenges of the future.

“All this banking — on what grounds would it work? Will we be able to create the necessary conditions? What kind of people we need to cook? People need to be different,” — said Minnikhanov. As an example, he cited the transition to E-government. When he first started, people were treated to such a step with caution, but now it has become the norm. At the end of the speech, the Tatarstan President expressed hope that the potential of the youth will give the development of the Innopolis, engineering centres and other innovative projects.