But can change, and this carries potential india telegram data risks. So far, we have not observed a significant number of problem loans: their share is less than 0.5% of the project portfolio, but in situations where sales are declining, the financial condition of companies is of decisive importance. Therefore, we are now preparing proposals to update the system of criteria for assessing the creditworthiness of developer borrowers using escrow accounts. In particular, we propose to introduce a point-weighted approach to taking into account criteria in the assessment, as well as to monitor the compliance of actual rates of construction and sales with the planned rates, and to take into account group risks. This will allow for better differentiation of companies by the degree of financial stability, so that banks make more balanced credit decisions and create adequate reserves in a timely manner.
Risks related to the borrowers’ position
— There is a factor of decreasing liquid assets in banks that aggressively increased lending due to temporary relaxations in the short-term liquidity ratio (STR). This does not pose a systemic problem, since banks can attract liquidity from the Bank of Russia. However, we believe that banks should reduce risks by increasing liquid assets and improving the structure of attracted funds. In order to improve the quality of short-term liquidity management in systemically important banks, we have cancelled the relaxation in the STR since March. Banks that find it difficult to comply with the ratio can use an irrevocable credit line, but they will have to pay for it. In our opinion, this measure will become an incentive for banks to more actively improve their liquidity position.
And in general, of course, banks need to
extend funding: attract long-term deposits from companies and citizens, issue bonds, place irrevocable savings certificates. The it’s like creating something new prerequisites for the development of these instruments are created by both the cancellation of the tax relief on the NCL and the need to finance long-term loans. In the long term, this will create a more balanced funding base.
“The risk of high credit concentration on ao lists large companies is a concern”
— You talked about the risks inherent to developers. But if we talk about borrowers in general, what is the situation?
