On the market today, a new word "return". The level of defaults on loans issued through the cards, with 70% of the total outstanding debt. A level itself defaults on consumer loans of up to one year has already reached 20%. The main reasons for this phenomenon – the lack of verification of the borrower's credit standing in the field of loan, the lack of effective procedures, poorly functioning channels of information-sharing among creditors. And the last factor – high training scam. According to the General Director for Russia and CIS VISA Lou Naumovski, the expansion of these phenomena, they warned two years ago.
In connection with this question, Will avoid the mistakes of South Korea, stnovitsya very important. Avoid them in the event that will be undertaken joint efforts of all stakeholders, experts say. And something in this direction is already being done. In State Duma considered a law on the compulsory use of bank cards in shops with a turnover of $ 20 thousand or more. Gradually begins to operate Institute credit bureaus.
However, these measures are insufficient, while the market is in the degree of maturity of the breast, the crisis may occur very quickly, quite a strong push. And we need to prepare for such negative possibilities. First and foremost we need to expand the volume exchange of information – not only negative but also positive. Competently built the credit market seriously helps economic growth. Real consumer spending Russians in 2005 increased by almost 11%. In 2004, people spend slightly less than 70% of all income on consumption. In 2005 – almost 71%. Increase by 2% per year in the world is high. And this is the contribution of credit cards. But simultaneously there is another process: the more we spend, than actively using credit cards, the more increasing, and the associated risks. Example of South Korea – a visual confirmation of this thesis.
It is no secret that getting a loan for the implementation of good business ideas in the bank is virtually impossible – bankers prefer to lend to the current and, primarily, a successful business. However, would the idea and the money will be found. One of the options for attracting investment – business angels. Who are Business Angels? Under the romantic name of 'business angels' hidden quite pragmatic investors who are willing to invest their own capital in the favorite business. Business angels are using venture capital investment vehicle – funding is provided for the long term without collateral or guarantors. Entrepreneur gets the required investments, business angels – its stake in the company.
Investor's goal is simple – wait until the maximum value of the company and sell its share to profit, many times greater than the sum of investments. It is easy to assume that the idea of private investment has come to Russia from the USA and Europe. In every European country there are thousands of business angels united dozens of organizations. Europe's largest network of angel – European Business Angel Network (EBAN) – consists of 62 associations of investors in 21 countries. Advantages and Disadvantages Business Angels The main advantage of business angels in front of a traditional bank loan – private investors are willing to take risks.
Unlike banks, they can provide a loan for business development and credit for the discovery business. Another advantage of working with the angels – they are engaged in the business, provide professional advice, offer support, because they have a stake in the success of the enterprise. However, the latter factor may be considered and disadvantage, because part of business angels in business administration denies businessman substantial share of autonomy. Another disadvantage of business angels are limited – the banks they are certainly much higher. However, if we are talking about small businesses and the investment up to a million dollars, the 'power' of business angels may be enough. How to find a business angel? If you have a decent idea for a business, finding a business angel is not so difficult. Today in Russia there are several organizations of business angels, the largest of which – the National Network of Business Angels 'Private equity' and the National Association of Business Angels. There are also smaller regional community of business angels. The capital is Moscow Network of Business Angels. Receiving money from investors – rather lengthy procedure. In order to get investment, you must provide a clear business plan or description of your project. In the 'Private Equity' documents can be sent by e-mail. If approved, the draft business plan will be posted on the organization's website and circulated to potential investors. By the way, if an investor is found, the employer will have to pay 'commission' 'private capital'. The so-called 'success fee' of 5% of the amount of investment.
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.
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