Rosselhozbank (RSHB) can not cope with its tasks without financial assistance from the state, the leadership acknowledges. In 2018, the bank will need about 30 billion rubles. from the budget to increase capital. He himself argues this by tightening regulatory requirements, but, according to experts, the key reason is the completion of reserves for problem loans, the volume of which exceeds 200 billion rubles. However, according to Kommersant, the Finance Ministry does not hurry to allocate funds.
Yesterday, the deputy chairman of the board of the RSHB Kirill Levin said that the bank next year will need about 30 billion rubles. The bank expects that this money will be allocated by the state (100% shareholder of the RSHB). Moreover, this is a minimum, without taking into account the funds for business development. "The bank expects to receive funds directly from the federal budget," the press service of the RSHB told Kommersant. "When calculating the capital requirement, the bank proceeds from the need to meet the parameters of capital adequacy with allowances for premiums." In accordance with the requirements of Basel-3, the regulator introduced a premium for all banks to maintain capital adequacy (increases by 0.625 percentage points annually to 2.5% from January 1, 2019) and a premium for systemic significance (increases annually to 1 % To the beginning of 2019).
The RSHB is constantly seeking state subsidies. In 2015, the bank was capitalized from the budget by 10 billion rubles, another 68.8 billion rubles. he received in capital in the form of federal loan bonds (OFZ). Last year, the state bank was capitalized on 8 billion rubles. This year, the bank conducted an additional issue of 5 billion rubles. And is waiting for another 25 billion rubles. from the budget.
Thus, next year the bank will need at least the same amount as in 2017, although formally its main indicators under IFRS demonstrate a positive trend: the bank's loss for the first half decreased 2.3 times, to 10.8 billion rubles. Net interest income of the bank increased by 10.4% in annual terms, to 29.5 billion rubles. The credit portfolio of the RSHB has increased by 8.4% since the beginning of the year, to 1.96 trillion rubles, and the cost of provisions for loan losses decreased from 40.8 billion to 31.9 billion rubles. The share of troubled loans over 90 days (NPL) was 10.6% (RUB 207.8 billion) as of July 1 of the loan portfolio, the RSHB press service reported (this data is not disclosed), declining from 11.2%.
Experts do not support the argument of the RSHB, indicating that state support for the bank is needed primarily to form reserves for problem loans. The need for additional capital is primarily due to the need to reserve problem loans, says Fitch analyst Sergei Popov. "At the end of 2016, the RSHB had 108 billion rubles. Unsecured non-performing loans (loans overdue for more than 90 days) and, in addition, an additional 52 billion rubles. loans were in the category "under supervision," the expert pointed out. "Thus, the total volume of problem loans, net of reserves, was 160 billion rubles." Thus, the bank does not have enough profit to create adequate reserves, and therefore it still needs support from the state, Mr. Popov sums up. "In addition, the bank actively replaces foreign borrowings with client deposits, which negatively affects its interest margin due to high interest rates compared to other state-owned banks," he adds. "A significant part of the RSHB loans goes to the agricultural sector (about 55% of the portfolio), where the risks of non-return are high. The bank can not lay the risk in the rate, otherwise the loans will not be available to agricultural producers, "explains the head of the Expert RA Validation Department Stanislav Volkov." But the risks do not disappear anywhere, and the bank shifts them to the shareholder. "
True, it remains to be seen whether the government is ready to meet the demands of the RSHB. "We are now in discussions with the shareholder," Mr. Lyovin said to Interfax. At the same source in the financial and economic block of the government doubted that the issue of allocating RSHB 30 billion rubles. From the budget will be decided positively. "With a high degree of probability, the Ministry of Finance will allocate these funds only if there is a special order of Prime Minister Dmitry Medvedev," the source said. The press service of the Ministry of Finance declined to comment.