RIA chart: CIS banks will stagnation and intensifying rivalry

The banking sector of the CIS expects stagnation on the background of increasing competition and consolidation of assets over the next year or more, analysts say RIA chart.

" The total assets of the banking systems of CIS countries increased by only 8, 1% to 2, 2 trillion dollars, for comparison in 2012 Growth was at the level of 23, 1%, and in 2011 - 13, 8% ", - reported in the survey RIA chart " CIS Banks 200 ". Much of the reduction in the rate of increase is explained by the weakening of the ruble and a number of other national currencies of the CIS, as well as a slowdown in the rate of increase Russian banks that hold a dominant position in the CIS.

on responses of authors of research, in 2014 should not wait for a return to double-digit rates of increase." Russian banks are unlikely to show significant growth, and the reduction of the ruble at all, increases the probability of reduction to the reduction of assets of Russian credit organizations in dollar terms ", - is informed in the document. With his hand combat operations in Ukraine, in the opinion of analysts, will lead to a significant weakening of the Ukrainian credit institutions.

" so, in the nearest year or even more whole Banking sector of the CIS After leading countries will stagnate ", - is informed in the document.

according to the comments of analysts, in the near future will continue to consolidate banking assets in the CIS - mostly due to the crowding out of small credit institutions. The total assets of the 200 largest credit institutions of the Commonwealth on 1 January 2014, according to the analysis of the RIA chart, amounted to 1, 82 trillion dollars, which 179 billion, or 10, 9%more of the assets of the TOP 200 year before.

" so, absolutely all of the Increase in assets of the banking systems of the CIS accounted for the largest Banks, and not the larger Banks total does showed a decrease of assets ", - the document says.

If at the beginning of 2013, the share of the 200 largest credit organizations was set to 80, 8%at the beginning of the current year already - 82, 8%. Among the largest credit organizations in the rate of increase as well, Thus the TOP 10 credit organizations grew in 2013 13, 4%, against 7, 6% other 190 credit institutions.

the deterioration of the financial sphere of the CIS also indicates increase in the number of credit organizations with negative dynamics. According to the results of 2013 55 credit institutions, or 27, 5% from caught in the chart, showed a decrease in assets, while at the same time in the previous chart, it was 19%, and in 2011 - by 22%." These data have the opportunity to testify about the growth of competition on the domestic financial markets, and also about problems in the economies of the CIS countries ", - say the authors of the research work.


sections: Politics