Sberbank, VTB Group caught up with the volume of corporate funds

Savings Bank ceased to be the largest bank in the country on all indicators: Given the Bank of Moscow and VTB Transkreditbank overtook him in terms of corporate clients. The rest of Sberbank is unreachable. Wrote on Friday, May 13, the Vedomosti newspaper. The share of the VTB Group on the market to attract corporate funds for last year amounted to 11,4%, according to a presentation of the President of VTB 24 Mikhail Zadornov at the Russian Economic and Financial Forum in Switzerland. And with the Bank of Moscow and Transkreditbank (TCB), in which VTB intends to gain control, group share amounted to 16,6%. Sberbank's share is estimated Zadornov amounted to 14,4%. Zadornov came from the Russian statements for 2010, and for indicators of summarized data VTB, VTB 24 "and" Northwest VTB ", is specified in the presentation. Vedomosti repeated these calculations and obtained similar results: 2.074 trillion against 1.794 trillion rubles. Sberbank expects the main indicators of the technique is different from the Central Bank: According to the Savings Bank, for the year, its share in this market has declined from 17.7 to 16.6%. Vedomosti conclude that VTB at least caught up with the Savings Bank in terms of corporate clients. This will not affect the market policy of the Savings Bank, says his spokesman. The materials for the meeting of shareholders of the bank said that high levels of liquidity, supported by a steady stream of customers allowed him to lower interest rates to attract and reduce interest expense. In addition to other indicators, VTB even with the new acquisitions remain far behind. Zadornov compared the position of the enlarged group VTB and Sberbank in the four parameters. In addition to deposits of legal entities is the population's deposits, as well as retail and corporate loans. Consolidation of the indicators of the Bank of Moscow and the TCB will increase the share of VTB about a third of the gap with the leader of reduced slightly. Means of legal entities are the main source of resources for the banks: according to CB, they form 32% of liabilities (17,6% - term deposits, 14.4% - settlement and other accounts). Savings, however, stands apart: More than half of its liabilities are funds from the public. The average Russian banks thus formed 29.5% of liabilities. It is here that the biggest gap between the state banks. VTB actively increasing private contributions through "VTB 24", the director of the banking institution HSE Basil licorice. The gap will shrink, analysts had expected Uralsib Leonid Slipchenko. But despite the aggressive behavior of VTB, catch up with Sberbank in the next five years, he fails, an analyst at ING Bank confident Yegor Fyodorov.