The Central Bank was not going to drown the "Yugra"

10 January 2018, 18:13 | Economy
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The Central Bank, trying to resolve the critical situation, according to the regulator's assessment, in the Yugra bank, took into account the scale of its business and did not intend to bring the case to the revocation of the license, the plan of the Deposit Insurance Agency's involvement in the implementation of measures to prevent the bankruptcy of the credit institution , which managed to get familiarized with the media. This document was annexed to Minutes No. 37 of the banking supervision meeting of the Central Bank dated July 7, 2017 (available to the editorial staff). In it, in particular, it was noted that "Ugra" occupied the 15th place in the banking system of Russia in terms of the volume of deposits of individuals.

Although retail was one of the main components of the bank's business, there were many different organizations among its clients, including such large ones as Rosneft, Uralvagonzavod, Rostelecom, Lytkarinsky Optical Glass Plant and other industrial enterprises. At the same time, the credit organization, which operated practically throughout the country, had its own large assets. The Central Bank acknowledged that the bank's problems are largely related to the need to comply with the regulator's requirement to create "reserves for possible losses amounting to about 30-40 billion rubles". At the same time, the shareholders of the credit organization did their best to support its sustainability - by their efforts Yugra was urgently capitalized for the amount of about 25 billion rubles - and were ready to comply with any requirements of the Central Bank. This is also noted by the regulator in the minutes of the banking supervision meeting. And the Deposit Insurance Agency initially agreed with the financial regulator on a plan for not bankruptcy, namely, the rehabilitation of Yugra Bank. Recall that at the time of introduction into the credit organization of the provisional administration in the person of the Deposit Insurance Agency, the bank's capital was 33 billion rubles (this was July 10. But after 18 days the license for banking operations was withdrawn from Ugra. On the side of the Central Bank stood and the Moscow Arbitration Court.



But the shareholders of the bank affected by the law did not lay down their hands and intend to continue fighting for it - they are preparing an appeal against the court's decision.

The situation with "Yugra" caused a wide response in the media. As Ksenia Dementieva, a columnist for the Kommersant newspaper, noted in her commentary on the case, "in his fight against the Central Bank, Mr. Khotyn revealed a number of accumulated but unspoken claims of the market to the Central Bank, and within the framework of this history the regulator has to give at least some answers ".




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