Page 51 - RusRPTJuly18

8.0 Financial & capital markets
Russia - Bank lead indicators 2010 2011 2012 2013 2014 2015 2016
Total bank loans (LC bn)
18,410 23,634 28,239 33,272 41,899 57,154 55,479
Total bank deposits (LC bn)
21,081 26,082 30,120 34,931 43,814 49,545 49,412
NPLs (% loans)
4.68 3.95 3.7 3.46 3.82 5.33 6.86
Banks: NPL ratio Retail (%)
6.91 5.24 4.05 4.42 5.89 8.09
Bank deposits (% GDP)
45.52 43.69 45 49.16 56.25 64.24
Bank loans (% GDP)
39.2 39 41.4 45.7 52.5 57.4
Bank capital to assets ratio
12.84 11.92 11.94 11.54 8.91 8.92 9.35
CAR: bank capital to risk-weighted assets
18.1 14.7 13.7 13.5 12.5 12.7 13.1
Total bank assets (LC bn)
33,805 41,628 49,510 57,423 77,653 83,000
Banks: Loans/deposits (%)
87.33 90.61 93.75 95.25 95.63 86.93
Banks: ROAE (%)
12.5 17.6 18.2 15.2 7.9 2.3
source: CBR
8.1 Bank sector overview
The Central Bank of Russia (CBR) says the banking sector clean up is nearly over , central bank governor Elvira Nabiullina said on June 2.
State funding grew by RUB644bn (9.6%) in 1Q18, of, which about half was provided by the CBR to rescued banks to unwind their intragroup funding. This enabled the segregation of Bank Trust, which will be used as a toxic assets fund, absorbing up to RUB1.1 trillion of bad assets from other rescued banks. The rest of the increase was mainly deposits of regional budgets placed in Sberbank, VTB group and Rusag.
"We expect that our measures for improvement of regulatory supervision quality in the banking sector will make it possible to complete the market cleaning process in the near term," she said, as cited by TASS.
“It is necessary to revert this year to discussion of "motivated judgment and greater responsibility of owners and managers, including subsidiary liability for losses," Nabiullina added.
The Central Bank of Russia (CBR) liquidated 15 small banks in 1Q18 and at the end of April rescued medium-sized regional Asian Pacific Bank without imposing losses on its senior creditors. Total assets of banks in the CBR consolidation fund exceed RUB4 trillion, or 5% of system assets, while the
RUSSIA Country Report July 2018 www.intellinews.com