PARNAS leader attacked during march in Nemtsov’s memorySociety & Culture February 26, 16:59
Donetsk water purification station recaptured from Ukrainian radicalsWorld February 26, 15:24
Russian skiers Ustyugov, Kryukov win team sprint at World ChampionshipsSport February 26, 15:23
Opposition activist Dadin sentenced for disorders at rallies leaves jailRussian Politics & Diplomacy February 26, 12:58
Aerospace Force chief says Russian army to get new combat jets and helicoptersMilitary & Defense February 26, 11:15
Mistura says Homs terror attacks attempt to derail Geneva talksWorld February 26, 5:49
Where to watch unique solar eclipse and spectacular ‘ring of fire’Science & Space February 26, 3:24
HNC expects Trump to correct Obama's mistakes in Syria - delegation headWorld February 26, 3:08
War on terror to dominate Geneva talks — Syrian UN envoyWorld February 25, 23:48
“Now, 66 of the country’s banks, not taking into account affiliates of foreign credit organizations, exceed the 20% limit on granting loans to their owners, which will be imposed next year,” Sukhov said.
Sukhov said that 16 banks out of 66 have capital of over 5 billion roubles ($142.8 million).
Sukhov also said that 30 largest banks’ capital adequacy will not suffer if they incur losses of up to 1 trillion roubles ($28.5 billion).
“Although the capital adequacy level is comfortable, a little bit less than 13%, but if we try to proportionate capital reserves which banks have to the potential risks and losses, the reserves will seem not so big,” he said.
“The difference between the current capital adequacy and the capital which banks would have in case of losses stands at about 1 trillion roubles ($28.5 billion). This means that the capital of 30 largest banks can stand losses of about 1 trillion roubles ($28.5 billion) without breaching the capital adequacy rules.”
The central bank is considering allowing floating deposit rates to help banks assess their risks better, he said.
The growth of retail loans amounted to 20% annually in June, which Sukhov called acceptable. Soured loans accounted for 3.3% of credits granted by five largest banks and to about 6.6% with the rest of the banks, he said.