Banks cope with the requirements of the Central Bank

Banks Finansy10-02-2010 banks cope with the requirements of the Central Bank has a number of Russian banks can be selected license because of the inability of these organizations meet the requirements of equity capital. But the number of financial institutions will be much lower than expected by experts. Under the forecast of the Russian Central Bank First Deputy Chairman Gennady Melikyan, denied licenses will still be 6.7 banks. From 1 January 2010 began to operate the new requirements to the amount of equity capital of Russian banks. The size must be at least 90 million rubles, and from 1 January 2012 it increased to 180 million rubles. "On January 1 this year left 22 banks whose capital was less than 90 million rubles, or less than the level that we set as the bar" - quoted by Interfax first deputy chairman of Bank of Russia Gennady Melikyan. Of the 22 banks "actually we probably revoke the licenses of six to seven banks. No more ", - said the official. "Many said that hundreds of banks will be forced to cease operations, it is a terrible event, which interferes with the business", - said Melikyan, saying that most banks have managed to increase its capital to the required parameters. As the agency with reference to the Central Bank in mid-December last year the number of banks that do not comply with the incoming 1 January 2010 the requirements on the minimum amount of capital over the past 7 months has decreased from 145 to 82. In addition, some banks may avoid elimination after conversion to non-bank credit organizations, requirements for which are considerably softer. In the current year due to lack of equity capital, one bank has lost the license. The right to conduct banking business has lost a regional bank "Arvesta" (Krasnodar region, Armavir). According to the Central Bank, Bank's authorized capital amounts to 35,100,000 rubles.