Every fourth loan - problematic

The rating agency Fitch has decided that the share of distressed debt in the Russian banks account for 25% of the loans. The agency is referred to the bad loans overdue more than 90 days, and prolonged. As it turned out, the result was better than expected. After all, before an international corporation forecast growth delay as much as 40%! However, as reported Bfm.ru, head of the Association of Russian Banks, Garegin Tosunyan not agree with Fitch. According to Tosunyan, the percentage of bad loans is much higher, so that "30% - the lowest estimated threshold actually figure could reach up to 70%. The thing is, he explains that the concept of "distressed debt" is very vague. This includes both bona fide debts of borrowers who are experiencing temporary liquidity problems and bad debts, while its outstanding in "restructured." Meanwhile, the time came when the banks are forced to return the loans to the state even during the crisis. Recall that in late 2008 to rescue lending institutions from the state budget has been allocated 200 billion rubles. in the form of subordinated loans and another 192 billion rubles. allocated for the rehabilitation of problem institutions. And considering that many of them the second quarter of 2010 showcased the net loss, it is likely that banks will have hard times. Already in the banking community rumored that some banking institutions just simply the need to withdraw from the market. However, the situation can be prevented: this government must once again postpone the date of loan repayment.