Strict VTB

Unlike Sberbank VTB 24 "is not going to massively provide a delay in neipotechnym credit and no special software required for this does not work out, said predpravleniya" VTB 24 "Michael Zadornov. "The first postulate - the borrower must pay off the liabilities, rather than rely on the fact that he is something wrong thought three months ago," - said the banker. Zadornov noted that since the beginning of the share of overdue credit portfolio VTB 24 has increased from 0,8% to 1,1-1,15%. "On December 1, reserves account for 3% of the loan portfolio at the beginning of the year were 2.3%, and by the end of the year expected to reach 3,5%," - he said. If in 2009 the arrears from the bank will grow by two times, he can still remain profitable, according to Zadornov. To support the borrowers, "VTB 24" ready to change their currency loan (he introduced this possibility since December 1). Of the currency can be converted into rubles mortgage and consumer loans, such an opportunity is also provided to borrowers by lending to small and medium-sized businesses. Zadornov noted that currently the bank branches are loaded on the work of transferring the credits, but "not all borrowers understand the essence of these proposals, people do not understand the currency risks." At the same time from the beginning of winter, they have already converted a loan of $ 200-250 million, he noted that the bank is interested in the preservation of foreign currency loans, since it has a foreign currency deposits, whose share is growing. Since the beginning of the year, it increased from 20% to 45% (physical persons). "VTB 24" together with Sberbank, Gazprombank and the Agency for Housing Mortgage Lending (HMLA) participated in the development of schemes to support mortgage borrowers and will work with them in accordance with government regulation, said Zadornov. According to him, he suggests three options for support: the provision of respite, the issuance of the second loan to pay off the first (maximum of one year) and the redemption of bonds on the balance of HMLA. While out of 85,000 mortgage loans that are on the bank's balance sheet, the delay of more than 180 days is only 320 loans, the banker said. In 2009, growth in banks' loan portfolio and deposits will slow to a maximum of 10% a year, said Zadornov. "VTB 24" is intended to grow faster than the market, predicting a 20% increase in loans and more than 20% growth in deposits. The main objective of the bank in 2009 - to maintain profitability, said Zadornov, refusing to give a forecast for net profit in 2008 due to the high volatility of exchange rates. "Large-scale restructuring of the loan - this is a dangerous strategy - believes the chief economist at Alfa Bank, Natalia Orlova. - For citizens come banks and companies and will also ask the restructuring." In the view of Orlova position VTB more true than the position of the Savings Bank, including with respect to the depositors of the bank. "Banks - are intermediaries - like it. - If they will not repay loans, how to they can demand repayment of deposits?"