According to HMLA, next year, the average rate on ruble loans mortgage rises to a maximum of 13.5%. Judging by the fact that it is now approximately 12.5%, and the prospects to get cheap money for loans at low interest rates, most banks do not, it's too optimistic forecast.
The Bank of England will change at the head of the Canadian
The UK authorities have called the head of the Bank of England, the future is now the acting head of the Central Bank of Canada Governor Mark Kearney. Mr. Kearney is the first foreigner to head the Central Bank of the UK since its inception in 1694. It is expected to come into their powers in the summer of 2013. Reason destination guide the Bank of England "Varyag" is that from 2013 to it as anti-crisis measures will move from the Office of Financial Regulation and Supervision (FSA) powers finregulyatora UK. During this period, the Bank of England need a manager with extensive experience and skills, and Mark Kearney famously secured Canada mildest of recessions last crisis..
Today, the Bank of Russia revoked the license of the bank "Derbent-Credit". According to the Bank, the bank lost equity because of the large shortage of cash in the till. This is the fourth this month revocation of license of the credit institution and the second - because of cash shortages...
The Association of Russian Banks (ARB) asked the Central Bank head Sergei Ignatiev to postpone for one year the planned tightening of credit institutions, loans to citizens. Market participants believe that the amendments to the banking law, which offers controller, will lead to market stagnation of consumer...
Consistent solutions to a financial mega, but it can block the Kremlin
The government and the Central Bank came to the finish line in the debate around the creation of a mega-regulator of the financial market. As it turned out to RBC daily, on Friday at a meeting at the White House, it was decided to recommend to the Prime Minister Dmitry Medvedev in 2016 to eliminate the Federal Financial Markets Service (FFMS), creating in its place in the structure of the Central Bank, the Financial Stability Board in the non-banking sector. According to the meeting participants, "after violent disputes this version, with some reservations gave all interested parties." However, the position of the government may face resistance in the Kremlin...
The Bank of Russia for five weeks before the end of the year reduces inflationary fears. According to the head controller Ignatiev, price increases in October and November and the final index stabilized at the end of the year may be less than the higher of the Central Bank recently forecast of 7%. In the long term 6-12 months inflation will again fall below 6%. A more serious threat to the financial stability of the Bank of Russia sees growth in unsecured consumer lending: the restrictions in this field can earn from next year ...
In calculating the interest rate on deposits is necessary to consider all the gifts and bonuses that the investor receives, according to the Savings Bank. Since such a "full cost" of deposits more accurately reflects their profitability, the Bank of Russia is its use for administrative restrictions deposit rates. Appropriate proposals Savings sent to the regulator and the government ...
Sberbank of the massive sales of retail debt auctioned portfolio of bad loans by 5.6 billion rubles. Requirement for participation in the competition - the presence of a potential buyer of the banking license - is unique for the Russian market. On such an unprecedented step Sberbank went to avoid legal risks due to appear in late June ...
Central bank, concerned about increasing interest rates on loans to citizens, is going in earnest from next year to take up the banks actively handing out high-risk consumer credits. But the state care nothing good borrowers will not bring ...
Stephen Jennings left the investment bank "Renaissance Capital"
ONEXIM Group, which is owned by Mikhail Prokhorov, will become the owner of 100% of the share capital of the investment bank "Renaissance Capital" and gain control over the Bank "Renaissance Credit". Head of "Renaissance Group" Stephen Jennings leaving the investment bank and focus on African projects and asset management business ....
Raising reserve requirements for unsecured retail loans, which the Central Bank introduced in 2013, can not raise loans to payroll customers. The Central Bank said that the risks of such borrowers is significantly lower than that of customers, "the street". Bankers agree with this logic, but note that the decision of the Central Bank will play into the hands of the State Bank, which leads the market wage projects, and further increase their competitive advantage over private players...
Since the new year, banks may find it necessary to replace part of its fleet of ATMs that do not meet the new requirements of the Central Bank. As long as they satisfy only one single model. The problem is not that the other ATMs substandard: just their manufacturers are not in a hurry to prove the possibility of a regulator of the equipment to detect counterfeit notes.