Photos of day

Date: 5 months ago   Category: Finances

First rule of national banks: to tell nobody about state participation


Don't recommend to credit institutions to specify state participation in the advertizing in the joint letter of department: there can be non-market advantages of the Photo: depositphotos.com the Central Bank and FAS have published on the website of the Central Bank the joint letter where have advised credit institutions not to draw attention of clients that the state participates in the capital of bank. It is about advertizing. Such information can make an impression that these organizations it is more reliable, than their private competitors. All this leads to emergence of non-market advantages, is reported in the letter.

Such recommendation is logical because at any crisis in the Russian banking system inevitably there is a transition of investors to state banks, the leading methodologist of Expert RA Yury Belikov: says — there Is a redistribution of resources in top-10 banks which main share is presented by state banks. It isn't any unfair competition, quite normal market criterion of stability. Unfortunately, the statistics shows big defaultness at private credit institutions which there was in our sector a majority. It is obvious that all these recommendations not to mention state participation of credit institution are submitted on somehow to support a course of the Bank of Russia towards fight against nationalization of the banking sector. The reality such is, as so about 70% of the sector is the share now of state banks therefore these measures are represented not too convincing so far. — There is some influence of sanctions — attempt once again not to shine these banks with state participation? — Personally I don't trace communication with sanctions any here. There is a course towards increase in the competition. He has been accepted by the Central Bank even before imposition of sanctions concerning Russia. All already know what organizations with state participation and what aren't present therefore similar recommendations are excessive, the president of the Moscow Partners company, professor of HSE Evgeny Kogan:evgeny Kogan the managing director of the Moscow Partners company considers "Write you don't write, but by and large it looks as a children's game in a blind-man's-buff. Well, let's play, but kind of I pound from this any. And so everything is clear where who has hidden. As for the sanctions moments if people hold money, for example, in Sber and in VTB and it is rubles, either deposits ruble, or money on the current ruble accounts, it is clear to all that there can be theoretically problems from sanctions at these banks or at other banks similar only on their correspondent accounts — where dollar assets. In the same place, where it is only about ruble operations, sanctions don't influence it in any way. As for currency accounts, deposits, it is possible to assume that it will be offered to large Russian banks to close correspondent accounts. I don't think that money because it already, sorry, casus belli will freeze (a military incident, a reason for declaration of war. — Business FM) practically. And here from the point of view of simple to ask them to close the corresponding accounts — can. Some countries already passed it when banks of these countries him closed simply corresponding accounts in dollars. So they slave

URL:


Today

just now

Andrey Moguchego's statement the St. Petersburg Bolshoi Drama Theatre of Tovstonogov opens the Moscow tours. Who else will arrive to the capital and on what performances it is worth paying special att...

just now

Putin and Abe's future meeting at which the peace treaty will be discussed became an occasion. Why people came to a protest action though no direct statements for transfer of Kuriles existed? An actio...

20 minutes ago

In this regard in media there were assumptions that the U.S. President will declare a state of emergency. The question of construction of a wall on border with Mexico remains a stumbling block. What w...

3 hrs ago

About it Yury Ganus wrote in the letter to executive committee of WADA. Whether it will become the reason of new scandal and whether will influence restoration of the status of the Russian Anti-Doping...

5 hrs ago

According to analysts of the agency, the economy of Russia will be able to sustain the risks connected with possible imposition of new sanctions. Whether will upgrade for Moody's the rating of Russia...

15 hrs ago

Oil industry workers complained in the Security Council of the National Guard of the Russian Federation that it, according to them, tries to take the market of security companies under control. At the...

18 hrs ago

The ROC suggested the dissenter defrocked in 1992 after creation of Ukrainian Orthodox Church of the Kiev patriarchy by it to appoint himself the patriarch of Africa and всея galaxies the Head of Ukra...

19 hrs ago

On podiums will show models of clothes and footwear at which production any animal did not suffer. Whether the eco-friendly fashion and as far as it is popular in Russia is so harmless? Photo: veganfa...