Federal Antimonopoly Service is not happy with state banks

Russian Federal Antimonopoly Service (FAS) is concerned that all crisis management of state funds, actually are in state banks. "We are concerned that the focus of state funds in banks with state participation. This leads to higher prices for loans in the market "- said Deputy Head of Service Andrei cook for the conference" Modern relationship bank loans and the borrowing enterprises. "Note that according to one of the largest banks vmire Swiss UBS is only one aid credit institutions of the Central Bank has managed in four 2 trillion rubles. Total government spent to fight the crisis 11 trillion rubles. This is illustrated by Reuters. It intends to spend 15 trillion. Part of the banks have returned, but a lot of money stuck in their accounts. All the money went through the state-owned banks: VTB , BEAC, Rosslehozabank etc. Small and medium-sized banks are nothing to be gained. Against the background of unprecedented inflation in money of several major banks stopped lending market, interest rates on loans for the real sector is not declining, and the situation continues to deteriorate. This Gauvreau in the study Expert RA. According to them, a portfolio of loans to non-financial enterprises in the first half of 2009 grew by only 2.6%, "The efforts of state-owned banks, which, with rare exceptions, to increase the volume of credits only offset the contraction of portfolios of most large private and foreign banks: a Six months portfolios Russian Standard Bank, Alfa-Bank, Bank Uralsib collapsed by more than 20%. "- the study says the rating agency. The December order the government to increase the portfolio by 2% per month, some state banks have hardly performed in the first quarter of 2009, when he "helped" revaluation of foreign currency loans. And in the second quarter because of rising bad loans average growth rate of the portfolio at the Savings Bank in general has fallen to 0,4%, the VTB - up to minus 0.4%. That is, no one gives out loans, at best, the banks involved in the restructuring of bad loans. "There is an opportunity here to make pricing more transparent," - the official stressed, noting that it will help reduce the cost of credit issued by banks. At the end of 2008, FAS has developed and forwarded to the Finance Ministry glad proposals to somehow solve the problem. One suggestion was that if the bank receives public funds, it should open a special account for the money. In addition, interest rate, which banks now set at its discretion , was formed by a rigid formula: base is refinancing plus bank margin and the percentage of defaults on loans. Moreover, according to Kashevarova, the average bank margin, ie the difference between the rates of loan and deposit interest "in the quiet period is 3 - 4% "." This scheme was approved by the Commission of the FAS and forwarded to the Finance Ministry and other concerned departments ", - said Andrei Kashevarov." If you keep several banks, rather than the banking system as a whole, we will get more expensive loans and ultimately increase the costs of support the banking system, as well as draining cash flow leads to an increase in requests from banks for financial assistance, "- he concluded.