Congresses I Congress
I Congress
1ST CONGRESS ON HOUSING FINANCE IN THE CENTRAL AND EASTERN EUROPEAN COUNTRIES
On December 2-3, 2004 the Polish Bank Association organized The 1st Congress on Housing Finance in the Central and Eastern European Countries. This Congress was the beginning of a cyclical summit of professionals and institutions from the real estate finance market in the region.
The main goal of the Congress is to integrate common activities by using joint experience, in order to raise the dynamicity of real estate finance growth, without affecting the security of financial systems. The real estate finance market in CEE countries is a field where financial institutions are still barely visible. In Western countries the outstanding mortgage volume exceeds 50% of the GDP (in the EU-15 the average equal to 42%). In post-communist countries this process is delayed.
The Polish Bank Association decided to present the Polish experience in mortgage banking and invited banking associations and financial institutions from CEE in order to enable cooperation between countries in this region in implementing solutions and collaboration in sharing data and models used in particular countries.