The coming banking crisis healthier Russia

Banks Finansy24-02-2009 The coming banking crisis healthier Russia over the next two years, more than 100 Russian banks will die. This forecast was voiced by the head of VTB-24 Mikhail Zadornov. Experts generally agree with this prediction. They believe: many banks really need to disappear. During 2009-2010, more than 100 Russian banks will die. And such an outlook voiced by a person familiar with the situation in the banking sector - the president and predpravleniya bank VTB 24 Mikhail Zadornov. According to him, the banks in the liabilities of which the share of external borrowing was more than 50%, "will die within the year", - Interfax quoted him as saying. The rest of this fate befall a little later, but within a year or two the number of revoked licenses "would exceed one hundred." Note that since the beginning of 2009 the Central Bank revoked 10 licenses. According to M. Zadornov, the banking business will be profitable, "because the profit to be gained from operating activities, will be eaten growing reserves and payment of foreign debts of the banks, who have lived through external borrowing."