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Financial Experts from More than a Dozen Countries to Participate in an

November 18, 2002

International Seminar Capitalizing on Poland's Experience in Supervision of its Banking Sector

To see first-hand why Poland is a model for banking

Financial experts from throughout Eastern, Central and Southern Europe are preparing for an international seminar next week near Warsaw capitalizing on Poland's experience in supervision of its banking sector. As part of its Training Initiative for Banking Supervision (TIBS) program, the National Bank of Poland (NBP) will host a five-day international seminar designed to showcase Poland’s experience in restructuring its banks. NBP will highlight the lessons learned in creating the legal and regulatory framework necessary to meet the demands of a modern, liberalized economy. The U.S. Agency for International Development (USAID) has provided significant support for Poland’s financial transformation, as well as for the establishment of NBP’s training center, where experts from other countries can share their experiences and ideas in support of strengthening regional financial sectors.

What:

A five-day interactive seminar on banking supervision, hosted by the NBP. Representatives from 17 Eastern, Southern European and Central Asian countries are expected to attend. The conference will be in English.

Among the many topics:

Developing a regulatory framework for credit risk in banks
Monitoring bank risk management
Implementing EU banking regulations
Basle New Capital Accord
Location:

National Bank of Poland Training Center, Zalesie Górne, ul. Białej Brzozy 7 (one half hour from Warsaw)

Date:

November 18-22, 2002

Time:

Official opening of the seminar is at 9:00 a.m. on November 18; seminars on the following four days begin at 9:00 a.m. as well.

For more information and interviews with seminar participants and organizers:

Please contact Mr. Dick Custin at the U.S. Embassy in Warsaw, Poland

Tel: +48-22-628-3041, ext. 2088 ; +48-(0)601-394-201