Bankers make a bad bargain with the loans

In anticipation of increasing refinancing bankers do not increase the cost of credit, evidenced by the statistics of the Central Bank: in April, corporate borrowers attracted resources to a record low price. About this newspaper writes Vedomosti on Wednesday, May 25. The weighted average interest rate on loans in rubles issued by banks (excluding Sberbank) non-financial enterprises up to a year in April dropped to an absolute minimum - 8,4 to 8,7% in March, according to the materials of the Central Bank. Prior to the 2011 rate not lower than recorded in October of 8.9% per annum, from January to March - varied between 8,6-8,7%. The weighted average interest rate on ruble deposits up to a year (excluding deposits "on demand") in April continued to decline - from 6,3 to 6,2% in March, 6.5% in February and 6,7% in January. Going to shorten the length of the loan: long-term money from the company began to be credited with money short and, therefore, changed the average rate in the market, says a member of the board of Alpha bank Maxim Pershin. On the market a lot of money, and good borrowers will no longer become so banks compete for customers, laments the first vice-president Alex Transkreditbank Krokhin. According to him, the margin is so low that it is impossible to carry out plans. Similar arguments led representatives of the bank "Revival", explaining the lower margins. To attract new customers the bank significantly reduce the cost of overdrafts. The Bank was able not only to increase its loan portfolio, but also to choose the best customers for longer-term loans, explained a representative of the Renaissance. " In early May, the central bank raised the refinancing rate by 25 basis points to 8.25% per annum. After that, the question of whether the Savings Bank to raise interest rates due to increased refinancing, president of Sberbank German Gref said that there is now a vector on the rise in lending, but lending rates also depend on the state of liquidity.