ST. PETERSBURG, July 17. /ITAR-TASS/. Russia’s 66 banks are exceeding the 20% limit of crediting their beneficiaries, which will be introduced next year, Central Bank (CBR) Deputy Chairman Mikhail Sukhov said on the sidelines of the Saint-Petersburg International Banking Conference Thursday.

“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.”

Households’ deposits will grow 10-12% in 2014, Sukhov said. “I know that the Deposit Insurance Agency reduced the forecast to 7-9%. I would be more optimistic and I would say that the realistic figure is closer to 10-12%.”

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.