28 July 2011, Thursday, 16:01
author: Alfia Sharafutdinova
Nine new banks appeared in Bashkortostan for six months of 2011. On the contrary, some banks have left the local market. Therefore there are 79 active banks in the region now. Besides, this statistics includes the “AMT-Bank” (Moscow), which license was withdrawn one week ago, on July 21. The number of bank divisions in January-July 2011 has become by 36 offices more – up to 1322. By this showing Bashkiria stands on the fifth place in Russia and on the second in Volga federal district.
The totals of the bank activity in the region for the first half of the year were summed up at the National Bank RB today and its chairman Rustem Mardanov told about both positive and negative tendencies.
As for the positive ones, along with the stable inflow of the new participants of the financial market Rustem Mardanov called stable growth of crediting volumes, substantial reduction of the overdue credit indebtedness, though in Russia the picture was quite opposite, and profitable work of local credit organizations. Their profits increased by 20 times, as compared with the first half of 2010, making up three billion rubles.
Talking about negative tendencies Rustem Mardanov mentioned that some showings failed to correspond to the main guidelines of the Strategy for development of the bank sector RB. Thus, the ratio between credit indebtedness and the gross regional product dropped from 40% to 39,2% (according to the plans it should be 40,5-43,5%), the level of financial credit supply reduced from 83 to 81% (81-85%). As for the bank deposits, the strategic guidelines weren’t reached here too: the level of deposit supply makes up 51%, while the growth was forecasted on the level of 56-58%.
Besides, the head of the National Bank RB ascertained certain slowdown in realization of some Strategy’s projects: crediting of agricultural producers on the security of their lands and the pilot projects on housing, financing of house-building through the system of building savings and subsidizing of a part of the hypothec credit interest rate.
The National Bank RB supposes that low demand in credits by solvent enterprises, low investment activity in real sector of economics and high level of overdue indebtedness in some branches of economics – in trade and building spheres first of all – were the main reasons of the abovementioned negative tendencies.