BIBC is organized by the Union of Kyrgyz Banks, the Banking Association for Central and Eastern Europe (BACEE), The Asian Banker publication and Moscow International Currency Association under the support of Euromoney, Global Finance, The Banker publications. The lead sponsor is AsiaUniversalBank.

This year’s conference seeks to reinvent itself to a marquee event covering the pillars of Central Asia’s financial services’ industry. Entitled “Central Asian Dialogue”, conference speakers and guests will explore a diverse array of topics ranging from how to select an appropriate regulatory policy in times of financial turbulence to the importance of compliance initiatives in meeting global competitiveness standards.

The organizers said: “The conference is truly an exciting forum highlighting several rapidly expanding frontier markets, which continue to demonstrate signs of growth and prosperity in a time of overall global decline. Business and financial think-tanks with a strong interest in the region use the Central Asian Dialogue as a platform not only to broaden their horizons on the prospects and perils that the region faces, but to enter a constructive dialogue on how to overcome such challenges and realize the region’s true growth potential.”

Central Asia comprises five CIS countries: Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan and Tajikistan. The territory of Central Asia is 3,994,300 square kilometers, it includes some of the most thinly peopled regions of the world. The total population of 51 million people consists of representatives of more than 100 different ethical groups - from Germans and the Austrians, to Tibetans and Koreans. The largest ethnic group is Uzbeks. The populations of Uzbekistan - 27 million people, moreover, besides Uzbekistan, Uzbeks as a national minority live in all other regions of Central Asia.