Hamburg, 18 October 2007 – Opportunities and risks inherent in the international networking of financial markets, and the current credit crisis and its consequences for Europe were the focus of the 4th International EOS Congress on 17 and 18 October at the Hotel Concorde in Berlin.

‘The more abstract financial services become, the more acutely borrowers feel the negative consequences of a credit crisis,’ said Hans-Werner Scherer, Chairman of the Board of Directors of the EOS Group, in his opening address, criticizing the increasing lack of transparency in the financial sector. In his speech on ‘Changing values’, TV moderator and keynote speaker Ulrich Wickert called on businesses not to think and act according to purely economic considerations, but to define and take into account ethical aspects as well.

In their presentations on receivables, cash flow and information management, international financial experts referred to current developments in the credit sector. Using numerous practical examples, the speakers examined structures of efficient risk management in small and medium-sized enterprises (SMEs) and took a close look at receivables management – often with a focus on Eastern Europe.

The internationalization of financial markets was also reflected in the spread of participants: overall, around 140 people from 18 countries around the globe attended the EOS Congress – more than ever before. ‘The new ideas generated by exchanging views and experiences with international colleagues and academic experts deliver great value added for our company,’ says participant Karl-Heinz Reisach of Münchener Hypothekenbank eG.

For more information please visit www.eos-congress.de

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