End of an era of small banks

The actions of the main regulator of the financial market in the face of the Central Bank of pushing lending institutions to accelerate the growth of capital, mergers and acquisitions. Since the beginning of next year, the minimum bank capital must grow from 90 million to 180 million rubles. It is likely that the Central Bank of the measure is not limited. Experts discuss the topic during the entire lifting this bar to 300 million rubles. from 2015. According to the regulator, of 954 banks in capital exceeding 300 million rubles., Currently have only 372 institutions, that is, most banks will be forced to urgently mobilize additional funds or close. This will inevitably lead to the rapid phase of consolidation of assets through mergers and acquisitions. This process began several months ago - banks have been buying each other. So, Rosbank acquired «DeltaCredit» and Rusfinance, VTB bought Railways TransCreditBank, and in the nearest future acquisition of Bank of Moscow. State-owned banks significantly increase their resource base. Now they own shares of hundreds of companies, huge areas of land and real estate. With the likes of ordinary local and even regional banks is extremely difficult to compete. That is why the number of credit institutions in the next few years may be reduced by half.