The VI International Banking Forum Results

The VI International Banking Forum, titled “Reliable, Safe, and Sustainable Banking,” took place in Baku on November 24 and 25. BS/2 (Penki kontinentai Group) was a premium sponsor of the event.

Representatives of state and commercial banks, leaders of national and international business organizations, public figures, and Lithuanian Ambassador to Azerbaijan Egidijus Navikas visited the exhibition booth BS/2.

In the photo from the left: Ilya Kholodnov, Vazha Maisuradze (Liberty bank, Sakartvelas), Kornelijus Šišla, Kirill Ovsiannikov, Egidijus Navikas (LR ambasador in Azerbaijan), Nerijus Žikas, Abas Abasov ir Ilgar Hasanov (BS/2 Azerbaijan), Anastasia Serenkova (Diebold Nixdorf), Andrey Kuznetsov (SUNMI), Gulnur Ismailova (BS/2 Uzbekistan).

Solutions that enable financial institutions to generate extra income through ATMs sparked the most interest. Self-service devices can be used, for example, as a currency exchange point.

The geography of participants covered the countries of the Caucasus region, Eastern Europe, the European Union, as well as Turkey, and the USA. The attendees talked about post-covid banking, digital platforms and equipment for payment processing, cybersecurity trends, the future of financial services, and other fintech-related topics. Kirill Ovsiannikov, Deputy General Director of BS/2, talked about trends in the banking sector’s digital transformation:

“It varies from service to service how easily digital tools are implemented. Clients want to resolve some issues during interpersonal communication with the help of a bank employee. Most of the time, it’s consulting. Don’t forget the audience either, which has limited access to modern technologies. As long as clients find these formats convenient, traditional bank branches, ATM networks, and self-service kiosks will continue to be in demand.”

More about the forum - on the website BS/2 >>

Watch a video report from the event: