In Russia, there is an almost open conflict between the Bank of Russia and representatives of the banking community, which are increasingly asserting that the regulator is acting to a large extent in its own interests.
The Association of Russian Banks after numerous scandals related to the actions of the Central Bank to revoke licenses from credit institutions - during the "mopping-up" the Central Bank destroyed more than 300 - issued a special report. It notes that for the regulator are far from all. This was prompted, first of all, by recent events, when Elvira Nabiullina's department, contrary to the instructions of the prosecutor's office, introduced an interim administration, and then withdrew the license from one of the major market players, Yugra Bank, and another "colossus on clay feet" - the corporation "Discovery" - took for refurbishment.
"Most market participants note a delicately veiled favoritism towards a number of banks. This, in turn, leads to a loss of confidence in all other market participants. Many decisions are taken behind the scenes at the prompt of a narrow group of individuals, often guided primarily by their own, rather than by public interests, "the document says, quoting" Version ".
According to the authors of the report, "a purposeful over-intensive reduction in the number of banks can not ensure the stability of the banking system".
The reaction of the regulator was unexpectedly tough - speaking at the Congress of the ARB, the head of the Central Bank Elvira Nabiulina stated that the "cleanup" is not yet complete, thereby demonstrating that she completely ignores the opinion of the professional community.
Meanwhile, as one economist Nikita Krichevsky recalled in a recent interview, "Russia, at the beginning of the second decade - at one of the G20 summits held in St. Petersburg - has undertaken, along with other members of the G-20, to make every effort in order to prevent bankruptcies being too large to fail, individuals. But apparently, it was a long time ago and it became untrue, and today it has no value for the current strategy and tactics of the head of the Central Bank, which is regrettable ".
Following the appearance of the ARB report, the attack was undertaken for many years by the head of the association Garegin Tosunyan - several large banks stated that if there was no change of leadership, they would leave it, which, as a result, was done. Observers believe that this is not just a coincidence. In the comments of Versia, the experts suggested that Nabiullina is very jealous of the most prominent representatives of the banking community. The publication quotes Yury Yudenkov, professor of the Academy of National Economy and Civil Service (RASHiGS), who notes that "Nabiullina in contrast to him (Tosunyan) is a refined official who perceives banking activities from other people's words and on the basis of abstract figures. She does not risk anything, revoking the license ".
To the direct expression of the opinion of professional bankers in the Central Bank, it seems, generally belong to the nervous. Analyst UK Alfa Capital, some time ago, circulated among the company's clients a message about the alleged problems of four large banks, and was immediately called to the Central Bank. This greatly surprised the representatives of the banking community - a specialist in the financial market in this case just expressed his position.
Another scandal in the banking market broke out about the introduction of the Mir payment system - at the beginning of the year, several large credit organizations prepared a letter to the Central Bank asking them not to transfer state employees to it. However, then some of them went backward, it is possible that under the pressure of the regulator. But this does not cancel the fact of discontent with the actions of the Central Bank.