Problems with mortgages are not afraid of Russia

Banks Finansy16-04-2009 Problems with mortgage Russia is not afraid despite the fact that the global crisis began with U.S. mortgages, and arrears on mortgage loans is growing and growing, the Russian banking system is not terrible. We have mortgage arrears are rising, but the country's financial system as a whole they do not threaten - the market is too small. But since the problem debtors has a social character, the state aims to help impoverished borrowers. Besides the possibility to use the maternity capital for repayment to Russia will be relaxed the criteria for debt restructuring. And the mortgage crisis primarily affects developers. After collapsing mortgage programs do not favor the housing market. However, some possibilities for obtaining a new loan for housing in Russia remain. Probably, most Russians have already learned: in the current financial collapse blame the U.S. mortgage system. Namely, one of the main causes of the crisis was the issuance of long-term mortgage loans are not too reliable borrowers. As a result of defaults on such loans crippled the chain of the entire global financial system. And most importantly, defaults on mortgages in the U.S. continue to grow.

In the bank to the post office

Banks Finansy18-12-2009 in the bank to the post office in Russia may appear superbanks, twice surpassing the nation's largest savings bank in the size of its retail network. New structure of the federal scale, Post Bank, planned to build on Communication-bank and "Post of Russia". Decision adopted by the Supervisory Board of Vnesheconombank Russia, which is headed by Vladimir Putin. "The Supervisory Board decided to form a working group of representatives from concerned ministries, the Bank of Russia, Russian Post" and Vnesheconombank to develop a set of measures to create the Postal Bank in the period before 1 April 2010 ", - informs RIA Novosti news agency referring to the message Press Service of the bank. If the idea is implemented, in post offices across the country will be a standard set of retail banking services. Key organizational events planned for next year. It is noteworthy that a new financial structure of the government is using the saved last year's Communication-bank.

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.