Banks are buying a license

This year, the demand for bank licenses has increased dramatically, however, rebounded and prices for them. As reported by Kommersant, referring to the consulting group "NEO Centre", the whole in 2010 there was steady growth in licensing small banks. As a result, prices have increased by 16% -80%, and this is when the experts say that the year the Bank of Russia has issued only one license for a new player. Having examined the transaction prices of 60 banks, "NEO Centre made the following conclusions. If the 2009 Moscow bank license can be purchased for $ 4.2 million, and regional - for $ 1.5 million, in late 2010, Capital Bank has already cost $ 5.5 million, and regional - in the $ 2.7 million . Prices for a license with a limited number of operations did not grow such enormous speed. For example, in Moscow, the ruble license increased by $ 0.5 million to $ 3.5 million and foreign exchange licenses can be purchased now for $ 2-2,5 million worth noting that in times of crisis demand for banks has been reduced to a minimum. Then, many lenders thought about a change of ownership, and the market was crowded with similar proposals. But then investors did not rush to make new acquisitions. In 2010, the situation has stabilized. Increased demand for bank licenses market specialists associated with the future tightening oversight of financial institutions, including an increase in the authorized capital. Thus, the central bank has repeatedly made it clear that the number of banks will be reduced. Not wanting to produce smaller players, the regulator, by contrast, pursues a policy of consolidation of the sector. As a result - now hard to find a small bank, which could meet all the requirements of the regulator. The truth, say market participants, not the fact that growth in demand for the purchase of banks will lead to consolidation of the banking sector. In most cases, the buyer may make business, which is a credit institution is required only "to serve their interests."