Delay in the loan portfolio at Alfa Bank, declined to 8%

Amount of overdue loans of the largest private bank in Russia - Alfa Bank, fell by 10%. Today, the delay is 8% of the total loan portfolio. On 1 December 2009 the figure was 18%. This was stated by Deputy Chairman of the Board Vladimir Tatarchuk during the online conference. Alfa-Bank has been working consistently towards the reduction of the level of delay. Now she is about 8%, and I am sure that posed earlier target - 4-5% - would soon be reached, "- he says. The total loan portfolio at Alfa Bank, according to Tatarchuk, "now is about $ 12 billion." Note that the first 2009 corporate portfolio declined by about 22%, and retail - to 8%. In absolute terms, arrears on loans to legal entities grew by more than 2 times, and individuals - by 60%. In 2009, among the leading banks in "Alpha" was the largest amount of overdue loans. On December 1, the total amount of loans to corporate customers (according to Russian Accounting Standards) - 338 billion rubles. Of them overdue by 18.23%, or 61.6 billion rubles. Loan portfolio to individuals by December 1 - 69.3 billion rubles, of which expired - 17.59%, or 12.2 billion rubles. Perhaps, "Alfa Bank" occupied most rigid, uncompromising attitude towards debtors. Constantly, a message that he with someone to sue. We can recall, though the conflict with Mr Deripaska, an attempt to knock out money from its assets, such as the automotive group Gaz. Many experts have criticized this stance, saying that the crisis passes, and the customers remained. And no one else wants to deal with the "Alpha" Other analysts noted that the bank simply wants their money back. At the same time, the credit institution, in contrast to other banks to be more honest, and the bank statistics show, close to reality. Therefore, you should consider that record, he was on delay only in terms of official statistics. Alpha Bank accused almost a corporate raid. From attack "Alpha" Deripaska had to defend the Kremlin. But, apparently, get-tough policy on knocking out debt using all legal means is bearing fruit, the level of delay decreases.