National Bank has identified banks that it will provide loans to encourage lending on the economy during its recovery from the crisis. Last week, the regulator issued a draft regulation, which he distributed credit institutions into categories.
most reliable (class A) are invited to take the state, to recapitalize the NBU and having positive results of the banks. Their regulatory capital must be at least 600 million UAH, the proportion of negative assets and bad debts - do not exceed 10% of the portfolio, and the obligations of the Securities - 50% of the share capital. The class B suggested include stable banks with capital exceeding 600 million UAH, violating the last month of reporting standards and the instantaneous current liquidity, while the proportion of negative assets and debts on loans shall not exceed 15%. Banks of these two categories of NBU intends to issue loans for up to 5 years as a one-time, and in the form of credit line.
Banks category B will be considered stable banks, violated norms of liquidity and compulsory redundancy, the amount of negative borrowing and debt problem which does not exceed 20%. Such credit institutions central bank willing to refinance for 3 years. All other banks will be classified as F and will be able to obtain stabilization credits for 1 year. In issuing refinancing NBU will impose restrictions on bank activity, in particular through the appointment of the curator and the establishment of additional requirements. The interest rate on such loans will be determined by the NBU discount rate.
market participants positively evaluate the emergence of a mechanism to identify risks in granting loans NBU.
“Until now, the issuance of refinancing was tied only to the category of collateral, and now it will be easier to assess whether to grant this bank credit. The introduction of a curator in a bank is legitimate because the state has a right to know what it spent the money - said Vice-Chairman of the Board of Finance and Credit “Sergei Borisov .- Well, that refinancing costs will be determined based on the interest rate plus a surcharge depending on the risks. Formerly the National Bank tenders are often used, and the price of credit was sometimes incomprehensible.”
Bankers note that the main obstacle to the resumption of lending of the economy is now a state.
“Everything connected with lending to the economy, it is interesting for the banks. The National Bank has the right to set their own terms, but hc73e should discuss them with the banks. I think the central bank will not impose any restrictions on non-market, - says the vice-president of Alfa Bank Roman Shpek .- But the financial condition of the economy is such that many businesses is difficult to guarantee the return of loans. Therefore, banks should be able to track the targeted use of these resources. ”
Elena Gubar
Bank “Union” out of the readjustment procedure and returns to Oleg Deripaska
Alexey Kudrin: Program efficiency of budgetary expenditure will be approved before April 1, 2010
Forex: euro is under pressure from investors again worried the Greek question
America closed lower, Asia traded mostly down
Today in the U.S. holiday
Analytical review of the Forex market a week from 11 to 15 January
Oil and gas today will remain under pressure, in less liquid securities are not excluded selective growth of quotations
Possibility of the outcome devaluation of the ruble in the coming weeks remains
In connection with the holiday in the U.S., today”s trading on the market of Russia will be held under the dictation of Europe
Kommersant: The National Bank introduced a new classification of credit institutions
National Bank has identified banks that it will provide loans to encourage lending on the economy during its recovery from the crisis. Last week, the regulator issued a draft regulation, which he distributed credit institutions into categories.
most reliable (class A) are invited to take the state, to recapitalize the NBU and having positive results of the banks. Their regulatory capital must be at least 600 million UAH, the proportion of negative assets and bad debts - do not exceed 10% of the portfolio, and the obligations of the Securities - 50% of the share capital. The class B suggested include stable banks with capital exceeding 600 million UAH, violating the last month of reporting standards and the instantaneous current liquidity, while the proportion of negative assets and debts on loans shall not exceed 15%. Banks of these two categories of NBU intends to issue loans for up to 5 years as a one-time, and in the form of credit line.
Banks category B will be considered stable banks, violated norms of liquidity and compulsory redundancy, the amount of negative borrowing and debt problem which does not exceed 20%. Such credit institutions central bank willing to refinance for 3 years. All other banks will be classified as F and will be able to obtain stabilization credits for 1 year. In issuing refinancing NBU will impose restrictions on bank activity, in particular through the appointment of the curator and the establishment of additional requirements. The interest rate on such loans will be determined by the NBU discount rate.
market participants positively evaluate the emergence of a mechanism to identify risks in granting loans NBU.
“Until now, the issuance of refinancing was tied only to the category of collateral, and now it will be easier to assess whether to grant this bank credit. The introduction of a curator in a bank is legitimate because the state has a right to know what it spent the money - said Vice-Chairman of the Board of Finance and Credit “Sergei Borisov .- Well, that refinancing costs will be determined based on the interest rate plus a surcharge depending on the risks. Formerly the National Bank tenders are often used, and the price of credit was sometimes incomprehensible.”
Bankers note that the main obstacle to the resumption of lending of the economy is now a state.
“Everything connected with lending to the economy, it is interesting for the banks. The National Bank has the right to set their own terms, but hc73e should discuss them with the banks. I think the central bank will not impose any restrictions on non-market, - says the vice-president of Alfa Bank Roman Shpek .- But the financial condition of the economy is such that many businesses is difficult to guarantee the return of loans. Therefore, banks should be able to track the targeted use of these resources. ”
Elena Gubar
Bank “Union” out of the readjustment procedure and returns to Oleg Deripaska
Alexey Kudrin: Program efficiency of budgetary expenditure will be approved before April 1, 2010
Forex: euro is under pressure from investors again worried the Greek question
America closed lower, Asia traded mostly down
Today in the U.S. holiday
Analytical review of the Forex market a week from 11 to 15 January
Oil and gas today will remain under pressure, in less liquid securities are not excluded selective growth of quotations
Possibility of the outcome devaluation of the ruble in the coming weeks remains
In connection with the holiday in the U.S., today”s trading on the market of Russia will be held under the dictation of Europe