Banks returned to the lending market

In June, Russian banks have issued loans at 2% more than in May. However, in the first summer month of growth was more significant - 2.6%. But by individuals loan portfolio grew by 1.2%, while in May, the figure was 1% level. On this day the director of the Department of licensing and financial rehabilitation of credit institutions of the Bank of Russia, Mikhail Sukhov. Meanwhile, yesterday in the State Duma chairman of the Central Bank Sergey Ignatiev said that in the second quarter of this year growth in lending in the banking sector could amount to 3-4%. At the same time, he reminded, in the first quarter of Russian financial institutions have reduced lending to 1%. In addition, the Russian head regulator haste to please the deputies, telling them that in the first quarter significantly decreased rates on loans - up to 11,8% per annum in March from 13.7% in December. However, another senior official, Russian Finance Minister Alexei Kudrin said late last week gave a more pessimistic assessment of the situation in lending. According to him, from early 2010 to July 1, amounts of funds issued by banks had grown by only 2%. According to Kudrin, who is known for its skepticism, the total loan portfolio of Russian banks by the end of this year will grow by 5-10%. At the same time he stressed that banks have enough money, but they are afraid to lend. "It is difficult today to find a reliable borrower with a good and easy to understand the business perspective",