Credit growth this year will be 15-20%

The amount of overdue debt on average in the banking sector of the Russian Federation in 2010 will be at least 20% of the portfolio, I am convinced the head of Sberbank German Gref. At the same time most of the Savings Bank, the share will be lower because the quality of loans in his best, he said. Meanwhile, the Bank of Russia has lowered the forecast amount of arrears at the end of last year to 7% by the middle of this year - up 9%. "As the latest official data of the Central Bank (until 11 months of 2009), the amount of overdue debt continues to increase, although the trend has not deteriorated, and stabilized. We expect that the increase in bad debt may continue in 1 half of 2010, an increase reserves for loan losses to continue until at least one half of 2010 "- says Olga Bank.ru Veselov, an analyst at GK Troika Dialog. "Substantial increase in lending volumes should be expected, and recovery - yes, we are expecting. We focus on a range of 15-20% for portfolios of loans. Interest in retail lending from the banks, we believe, will return this year, but the interest of borrowers will be able to return to the lowering of interest rates ", - experts predict. According to the director general of the Deposit Insurance Agency Alexander Turbanova, portfolios of large Russian private banks' increasingly burdened by problem loans. "They are stronger than state banks, regional and foreign banks have been affected by the crisis. They are actively engaged in retail lending, the volume of which collapsed last year . The banks of this group the lowest levels of profitability and capital adequacy, the head of the DIA. It is they who need the support of shareholders and the Capital Increase, he said.