The Bank of Russia more than an order of magnitude revised the assessment of the negative capital of the bank "Yugra", which lost its license on July 28. According to the Central Bank, now a hole in the balance sheet is 86 billion rubles. instead of 7 billion rubles. on July 22, follows from the "Bulletin of the Bank of Russia". And on July 28, the valuation was revised to reduce the negative capital to 2 billion rubles.
"These adjustments are mainly due to a significant underestimation of credit risk and unreliable reflection of transactions in the reporting" - explained the size of the hole in the press service of the Central Bank immediately after the license was revoked from the bank.
According to recent data, Ugra's assets as of the beginning of September decreased by 43% to 113 billion rubles. It follows from the published balance sheet, mainly due to the loan portfolio: it shrank from 162 billion to 78 billion. The loss of Ugra on September 8 was 135 billion rubles.
The license was withdrawn from Ugra 18 days after the introduction of temporary administration in the bank represented by the Deposit Insurance Agency (DIA). Yugra ranked 29th in terms of assets (334.7 billion rubles as of July 1).
First, the bank attracted the money of the population, placed them in low-quality assets and did not form the necessary reserves for them. Secondly, lent primarily to companies associated with the owners (the main one - Alexey Khotin) "Yugra". They accounted for 90% of Yugra's loan portfolio by 268 billion rubles. Thirdly, the Central Bank found operations in the bank with signs of withdrawal of assets and quality collateral, as well as questionable transit operations. Only in 2017, the CBR appealed to the Prosecutor General's Office six times to withdraw assets and twice to Rosfinmonitoring about suspicious transactions, the regulator points out.
In addition to this, Yugra delivered significantly unreliable reports to the Central Bank and only technically complied with the instructions, while the interim administration discovered "transactions with reports in order to conceal the real financial situation" and revealed a complete loss of capital.