Kazan Bank

Kazan Bank

Agency Fitch has submitted a list of banks in Kazan on the ability to absorb losses. Only three of Kazan of the bank – it's Spurt Bank, BTA-Kazan, the Bank of Kazan, who are not experiencing difficulties with inventory. Agency estimates that, at 10 Russian banks, VTB 24, Bank of 'Russia', Moscow Bank, Swedbank, VTB Bank, Moscow Bank for Reconstruction and Development (IBRD), "AK BARS" Bank Rosbank Orgresbank and UniCredit Bank – most relevant resources for loans less than ten percent, thus Fitch has concluded that the ability of banks to absorb losses to date is low, but not so certain. The probability of loss absorption from the Bank of Moscow and VTB will likely significantly strengthened in consequence of further impacts of investments. In addition, VTB and Bank of Moscow have a significant Number of banks also have strong shareholders, which the agency will provide new capital to banks in case necessary, says the narrative Fitch. For the same reason, despite the analysis of Fitch, the state "AK BARS" Bank is safe. Already in April, its shareholders have come to the conclusion multiply share capital in 1,5 times. Little about the bank: Bank (from Italian.

Banco – a bench, a table on which the money-changers were laid coins) – financial and credit institutions whose main function is to provide financial services to businesses and individuals. In accordance with Russian law 1, the bank – a credit institution, which has the exclusive right to exercise all of the following banking operations: attracting deposits from individuals and legal entities, placement of these funds on its behalf and at his own expense under the terms of payment, maturity, and repayment of trust, openness and maintaining bank accounts of businesses and individuals. A credit institution – legal entity which for profit as the primary objective of its activities on the basis of a special permit (license) of the Central Bank of Russian Federation (Bank of Russia) has the right to banking, the Federal Law "On Banks and Banking. A credit institution is formed on the basis of any form of ownership as an economic society. Non-bank credit organization – the credit institution has the right to perform certain banking transactions contemplated by the Federal Law "On Banks and Banking. The permissible combinations of banking operations for Non-bank credit institutions established by the Bank of Russia. Foreign bank – the bank established under the laws of a foreign country in whose territory it was registered. Banking system Russian Federation include the Bank of Russia, lending institutions, as well as branches and representative offices of foreign banks.

Comments are closed.