During the St. Petersburg International Economic Forum (SPIEF), VTB Bank's Board Member Vitaly Sergeychuk shared that between 10 and 20 client companies are contemplating entering the public capital market. He emphasized that the evolution of the IPO market will be significantly influenced by the dynamics of interest rates. Several factors are currently hindering these companies from pursuing public offerings, including the prevailing macroeconomic conditions and a cautious approach from investors regarding potential investments. Sergeychuk pointed out that preparing for an IPO is a complex process that requires companies to adopt International Financial Reporting Standards (IFRS), establish robust corporate governance structures with independent directors, and improve transparency through effective investor relations. The SPIEF, which is taking place from June 3 to June 6, is dedicated to discussing new models of global development amidst ongoing economic transformations. The forum features various programs, including the SME Forum and the Creative Industries Forum, and is supported by VEB.RF as the title partner.