воскресенье, 17 января 2016 г.

Reflected Optimism

Dmitry Isaakovich Leus
The monthly journal “The Banking Review” and the banking portal Banki.ru have spoken with industry experts and collected their forecasts for 2012. Prudence is the dominant mood, but no one is expecting a crash. There is consensus that the regulator and credit institutions have learned their lessons from the past.

DmitryLeus - Chairman of Bank
For objective reasons, the likelihood of a crisis in Russia is significantly lower than in Europe at present. Our banking system is stronger than before and better prepared to withstand severe shocks to the economy. Overall, the regulator and the banking system are better placed than in 2008 to deal with adverse scenarios.
Banks will certainly be making profits the same way as before. However, the probability of credit defaults and lower margins from securities trading has increased. For 2012, we expect three main risks in the banking sector: 1. an increased probability of default on a bank’s retail loans portfolio, 2. losses linked to exchange rate revaluation, and 3. a further deterioration of the liquidity situation in the market. Dmitry Leus


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