Programme

Nowadays financial institutions have become one of the active actors of local development. Banks direct the development of the city in one direction or another by opening certain credit line or offering loans for projects to support small businesses, public services, single-industry towns, and providing appropriate counseling. Definitely, there is a great role of the federal large banks, such as the Bank for Development and Foreign Economic Affairs, but active regional banks either make significant contribution investing money, their knowledge and expertise to economic development of the small towns.
Spurt Bank (JSCB “Spurt”), which has extensive experience working with local authorities and public utility companies, can serve as a model. Within the master class managers and specialists of the bank are telling about their projects on integrated territorial development in cities such as Naberezhnye Chelny, Kamskie Polyany, village Rybnaya Sloboda, etc.
Besides, such issues as mechanisms for co-ordinating the interests and finding common language between government officials and financiers are to be discussed on the master class. The Bank will present its capabilities to support local development through joint programs with the European Bank for Reconstruction and Development and the German bank KfW.