Banks are more profitable to speculate on financial markets rather than lending

"The world currency market the euro has fallen dramatically," - says Bank.ru Artem Roshchin dealer bank "Alba-alliance". "The single European currency has updated lows. Apparently, market participants had a negative impact poor statistics for the euro area. The ruble today fell markedly. Firstly, because of declining euro. Secondly, because of falling oil prices. Today, the Bank of Russia has lowered the refinancing rate and other rates, including rates on bank deposits. But this is unlikely to significantly improve the situation in the lending market. Because with the money placed on deposit at the Bank of Russia, nothing happens. Yes, a small percentage. But in the current lending - a huge risk of losing money at all. Placements at the Central Bank, at any time to take back. If we see a stable and sustainable growth on the stock exchange, banks might think about lending. I note that the currency market higher yields and less risk than the market lending. Banks are easier and more profitable to speculate, rather than lend. I agree with the head of Sberbank German Gref, that now the interest on loans are too low. I think, a significant strengthening of the ruble will not be. If oil prices continue to fall to 3 dollars a day, faith in the Russian currency will be undermined, "- said the expert. At 17:00 MSK in the UTS MICEX dollar rose to 31.2154 rubles ($ 0.4012), euro - up to 38.0255 rubles ($ 0.1350).