New cleanup of banks: strictly, but fairly

Banks Finansy19-06-2009 New stripping banks: strictly, but fairly Today all media thrilled message: Central Bank intends to get rid of one third of banks. Calm, but calm. Russian regulator only tightens control over the banks that need dokapitalizatsiya. At the Central Bank has reason to be stringent: many banks will want to raise capital illegally. But the collapse of inefficient banks will benefit the system as a whole, experts say. Recall that early in the year, amendments to the Law on Banks and Banking. " Under this law, since 2010 banks' capital should be at least 90 million rubles. Since 2012 the minimum capital to be 180 million rubles. On May 1, according to CB, the first condition is not consistent with 179 banks (except the sanitized). But on the capitalization of banks is only six months. The second condition (which will come into force in 2012) does not match the 321 Bank, which is about one-third of Russian banks. Thus, the central bank, dissatisfied with the process of consolidation of capital of banks, decided to tighter control them. The Bank of Russia has sent its regional offices in the document "On working with banks in connection with the increase of requirements to the size of its own funds."