Russians do not back out of every ten credit

Banks Finansy10-07-2009 Russians do not back out of every ten credit In 2009, the failure to return on bank loans in Russia will amount to about 10%, said Finance Minister Alexei Kudrin. However, experts have already done and more frightening predictions on this score. Thus, the minister called "reassuring figure" - said Bigness.ru executive vice president of the Association of Russian Banks Anatoliy Milyukov. However, the finance minister close to the truth, he said. In 2009, the failure to return on bank loans in Russia under IFRS (International Financial Reporting System) will be slightly more than 10%. This was stated by Deputy Prime Minister and Finance Minister Alexei Kudrin. According to the RAS (Russian Accounting Standards) is the same figure will be less than 10%, according to Kudrin. Finance Minister also said that the Russian government and Central Bank leadership keenly watching the situation in the sphere of bank loans, and make their assessment. Analysts expect growth of arrears by the end of the year by 10-20%, and non-repayment of bank loans will rise to 12%. However, at present on the non-return "many men, so many opinions", - said in an interview Bigness.ru executive vice president of the Association of Russian Banks (ARB), Anatoly Milyukov.