This year, the Savings Bank will increase lending to individuals by 15%

Sberbank, Russia's largest bank, believes that he will be able to increase loans to individuals at this year's 15% and corporate loans - 10%. This was stated by head of Sberbank German Gref, told RIA Novosti. Recall that recently the financial institution, which control the state, announced an unprecedented campaign of simultaneous reduction of rates and the abolition of the commissions in the issuance of retail loans, meanwhile, in the first quarter of 2010, the corporate loan portfolio decreased by 3.2%, retail - to 1,6%. According to Gref, the bank wants to change the situation. To this end, the effective rate for retail loans will be less by 1-5% and corporate loans will drop to 1-1,5%. "In our business plan, before the end of the growth of corporate portfolio ranges from 8 to 10%. While guessing difficult. Of course, we are basically counting on growing demand in the second half. But we hope that in the second quarter drop in stop and growth, because we have made some very serious steps to restore lending. In particular, we are very sharply reduced interest rates, eliminated virtually all barriers to the crisis, expanded the jurisdiction of regional banks, so the decision-making procedure relating to corporate lending, will as simple as possible. This should produce a positive effect '- convinced Gref. According to him, the country's largest bank is planning this year's net profit under Russian Accounting Standards (RAS) in the amount of 100 billion rubles. "100 billion (rubles profit - Ed.), It most likely will be current income. If there is a dissolution of reserves, it is likely that this figure will exceed 100 billion rubles," - said Gref.