MADISON, Wis. — The World Council of Credit Unions is reportingthat the first conference for Eastern European Credit Unions, whichit hosted with the Russian Credit Union League, has been a success.The event, hosted in Moscow from Sept. 10-12 drew 217 participantsfrom 12 countries who attended to discuss the progress of creditunion movements in Eastern Europe and throughout the world, WOCCUsaid.
|Attendees from Azerbaijan, Iran, Ireland, Ukraine, Uzbekistanand other countries participated in lively discussions on issues ofcritical importance to credit unions in the region, theorganization added.
|Topics ranged from how credit unions can strengthen their socialand civic responsibility to why and how credit unions are regulatedin the United States. Mr. Vladimir Lukov, Deputy Director of theDepartment for Finance Policy, Finance Ministry of the RussianFederation, provoked a spirited debate when he presented on theFinance Ministry's plans to create one national system ofregulation for all types of microfinance institutions inRussia.
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