The Russian banks have returned to pre-crisis mode of formation of reserves for possible loan losses, while it is only to issue new loans. The decision was taken in late May, the Board of Directors of the Bank of Russia. The Bank of Russia from July 1, leaving the banks to increase reserves the right not to have issued loans, but cancels the reservation for the new concessional loans, in force since December 2008. Initially, in December 2008 a decision was taken on preferential booking for one year and then was partially extended for another six months - until July 1, 2010. Central Bank will also require banks doformirovaniya reserves for those restructured loans on which borrowers are allowed delay. This means that despite the fact that already granted loans to the regime of preferential reservation, if the quality of loans deteriorated, the preferential mode is canceled, and banks should establish reserves in accordance with the requirements of the regulator. Director of the department of banking regulation and supervision of the Central Bank Alexey Simanovsky said that the amount of reserves that banks will have to form after the completion of the preferential reservation, will be 50-90 billion rubles. However, he suggested that perhaps the volume dosozdannyh reserves will be even lower. At the peak of crisis, the savings reserves reached 500 billion rubles. A number of banks set aside a significant part or almost all their profits, and many of the failure is covered by reserves more than doubled. According Simanovsky, March 1, the size of "savings" due to looser reserves totaled 200 billion rubles for the whole Russian banking system. Preferential reservation was one of crisis management measures, which the authorities support the banking system, giving her the opportunity to keep liquidity. Nearly two years after the onset of the crisis the Central Bank minimizes this measure. Bank.ru Materials Rihanna.
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