Having recently at the second reading and, in general, the law of Ukraine № 4630 On Amendments to Certain Legislative Acts of Ukraine on the characteristics of the activities on the financial health of banks, the Verkhovna Rada of Ukraine Cabinet gave the green light to regulate the problems in the financial recovery lending institutions. For this purpose, according to the explanatory note to the document (the draft law was prepared by Cabinet of Ministers), and enacted.
Until now, financial improvement of the state banks were in manual mode: with the help of government regulations and documents of the NBU. However, this situation does not satisfy the International Monetary Fund (IMF), which is a condition of the third tranche of the program of stand-by called the establishment of procedures for rescuing banks.
the meantime, the experts once again declare the wrong of the Government and the NBU in banking matters pugaya society unforeseen consequences current recapitalization. In their view, today it is more selective salvation Kotov fatty or too advanced balovanie child … Thus, according to Deputy Director of the Institute of World Economy and International Relations, National Academy of Sciences of Ukraine Valeriy Nowicki, Ukraine was elected the most simple scheme of recapitalization of banks: just give money and to limit the freedom … There is no investigation going on. There is no guarantee that the future will not happen the same thing! Because we now have heard something about the personal responsibility of people who have led the banking system of Ukraine to such a state? - Asks a rhetorical question Novitskiy.
Yet recapitalization of banks is needed, says expert, as the banks should be a powerful element of public policy. But the current recapitalization of banks can be compared with the family, which educates and baluet child: when he breaks a toy he bought a new one that just did not weep, - said Valery Novitskiy. He stressed that the banking and financial systems are not needed, if they do not serve any purpose, - namely, the development of the real economy.
If the bank
bankrupt, we have to recognize it bankrupt and sell, not to refinance, said the candidate of economic sciences Andrei Novikov. Business does not tolerate negligence. The management of commercial activities should include two very important functions: planning and forecasting performance. Such a feeling that the Ukrainian bankers are not familiar with the banal preventive economic laws. Otherwise, how explain the fact that the pace of issuing loans by commercial banks over the last year enormously higher than the rate of growth of real incomes of Ukrainians? And the result - the lack of financial resources. We should not dismiss all of the crisis, - say experts.
Today, however, recapitalization, and require the return of public confidence in the banks. According to expert political analysts schools of Kyiv-Mohyla Academy, Oleg Ivanov, it would become a moral component of improving the credibility of the banks.
But the money for recapitalization practically have not yet gotten through. Moreover, they may not come - in turn, believes financial expert Eric Naiman. After all, it is necessary to renew the charter fund NAK Naftogaz at 18 billion hryvnia. That is, according to Naiman needed to recapitalize the 44 billion hryvnia may simply not be …
One of the ways out of the situation Naiman believes the creation of so-called bad bank, which would appear the money of depositors of insolvent banks. The amount that may be needed for the bad bank - a minimum of 20 billion hryvnia - says the expert. - But these steps need peresoglasovyvat again with the IMF, which may increase the risk of non-last tranche of the loan in November.
But many more experts see risks of corruption in the current recapitalization schemes. Thus, in the expert environment of great indignation caused by the recent recapitalization of commercial banks in the country. Having such a recapitalization of the bank, neither the Government nor the National Bank of Ukraine did not provide the public with information, but he now faces. Not reported and how many were out of money, the amount of bad loans and other assets, does not now face, on the balance sheet of the bank - says economic expert Boris Kushniruk.
According to experts, is revealing the weakness and corruption of all government institutions. On the one hand, we know who controlled the bank and who is responsible for the fraud associated with the withdrawal from it means … But we did not hear criminal cases against the owners and managers of the bank, and no rigid public position all branches of government on the withdrawal of assets from trying it - and believes Kushniruk recalls: - Loss of opaque, unprofessional, and probably not very legitimate activities of shareholders and managers of the bank would be covered by taxpayers, that is, each of us.
However, not all experts agree that the closing of the refinancing of commercial banks in Ukraine - it is a manifestation of corruption. If the NBU announce that saves, for example, are these ten banks, then the rest of the banking system just posypletsya. Depositors will quickly pick up their deposits with the remaining nespasaemyh banks and move to the dozen - is justification for acts of National Bank expert, Institute of Economic Research and policy advice Vitaliy Kravchuk.
Alex Savitsky, Alla Dubrovik
TMK and Zarubezhneft agreed to cooperate in the production and supply of pipes
Yesterday, a pair of Euro /dollar to the U.S. session, rose to 1.4440 marks
Review of the FOREX market for 03.08.09
ArcelorMittal had postponed construction of a new metzavoda in Kazakhstan
In July, metallurgists increase production by 16%
NBU: jump rate hryvnia at the end of July, is linked to an increase in external debt payments
Yushchenko delivered Ukrprombank
Market shares in the trusts neighbors
Forex - Asia
Recapitalization?
Having recently at the second reading and, in general, the law of Ukraine № 4630 On Amendments to Certain Legislative Acts of Ukraine on the characteristics of the activities on the financial health of banks, the Verkhovna Rada of Ukraine Cabinet gave the green light to regulate the problems in the financial recovery lending institutions. For this purpose, according to the explanatory note to the document (the draft law was prepared by Cabinet of Ministers), and enacted.
Until now, financial improvement of the state banks were in manual mode: with the help of government regulations and documents of the NBU. However, this situation does not satisfy the International Monetary Fund (IMF), which is a condition of the third tranche of the program of stand-by called the establishment of procedures for rescuing banks.
the meantime, the experts once again declare the wrong of the Government and the NBU in banking matters pugaya society unforeseen consequences current recapitalization. In their view, today it is more selective salvation Kotov fatty or too advanced balovanie child … Thus, according to Deputy Director of the Institute of World Economy and International Relations, National Academy of Sciences of Ukraine Valeriy Nowicki, Ukraine was elected the most simple scheme of recapitalization of banks: just give money and to limit the freedom … There is no investigation going on. There is no guarantee that the future will not happen the same thing! Because we now have heard something about the personal responsibility of people who have led the banking system of Ukraine to such a state? - Asks a rhetorical question Novitskiy.
Yet recapitalization of banks is needed, says expert, as the banks should be a powerful element of public policy. But the current recapitalization of banks can be compared with the family, which educates and baluet child: when he breaks a toy he bought a new one that just did not weep, - said Valery Novitskiy. He stressed that the banking and financial systems are not needed, if they do not serve any purpose, - namely, the development of the real economy.
If the bank
bankrupt, we have to recognize it bankrupt and sell, not to refinance, said the candidate of economic sciences Andrei Novikov. Business does not tolerate negligence. The management of commercial activities should include two very important functions: planning and forecasting performance. Such a feeling that the Ukrainian bankers are not familiar with the banal preventive economic laws. Otherwise, how explain the fact that the pace of issuing loans by commercial banks over the last year enormously higher than the rate of growth of real incomes of Ukrainians? And the result - the lack of financial resources. We should not dismiss all of the crisis, - say experts.
Today, however, recapitalization, and require the return of public confidence in the banks. According to expert political analysts schools of Kyiv-Mohyla Academy, Oleg Ivanov, it would become a moral component of improving the credibility of the banks.
But the money for recapitalization practically have not yet gotten through. Moreover, they may not come - in turn, believes financial expert Eric Naiman. After all, it is necessary to renew the charter fund NAK Naftogaz at 18 billion hryvnia. That is, according to Naiman needed to recapitalize the 44 billion hryvnia may simply not be …
One of the ways out of the situation Naiman believes the creation of so-called bad bank, which would appear the money of depositors of insolvent banks. The amount that may be needed for the bad bank - a minimum of 20 billion hryvnia - says the expert. - But these steps need peresoglasovyvat again with the IMF, which may increase the risk of non-last tranche of the loan in November.
But many more experts see risks of corruption in the current recapitalization schemes. Thus, in the expert environment of great indignation caused by the recent recapitalization of commercial banks in the country. Having such a recapitalization of the bank, neither the Government nor the National Bank of Ukraine did not provide the public with information, but he now faces. Not reported and how many were out of money, the amount of bad loans and other assets, does not now face, on the balance sheet of the bank - says economic expert Boris Kushniruk.
According to experts, is revealing the weakness and corruption of all government institutions. On the one hand, we know who controlled the bank and who is responsible for the fraud associated with the withdrawal from it means … But we did not hear criminal cases against the owners and managers of the bank, and no rigid public position all branches of government on the withdrawal of assets from trying it - and believes Kushniruk recalls: - Loss of opaque, unprofessional, and probably not very legitimate activities of shareholders and managers of the bank would be covered by taxpayers, that is, each of us.
However, not all experts agree that the closing of the refinancing of commercial banks in Ukraine - it is a manifestation of corruption. If the NBU announce that saves, for example, are these ten banks, then the rest of the banking system just posypletsya. Depositors will quickly pick up their deposits with the remaining nespasaemyh banks and move to the dozen - is justification for acts of National Bank expert, Institute of Economic Research and policy advice Vitaliy Kravchuk.
Alex Savitsky, Alla Dubrovik
TMK and Zarubezhneft agreed to cooperate in the production and supply of pipes
Yesterday, a pair of Euro /dollar to the U.S. session, rose to 1.4440 marks
Review of the FOREX market for 03.08.09
ArcelorMittal had postponed construction of a new metzavoda in Kazakhstan
In July, metallurgists increase production by 16%
NBU: jump rate hryvnia at the end of July, is linked to an increase in external debt payments
Yushchenko delivered Ukrprombank
Market shares in the trusts neighbors
Forex - Asia