The fact of attraction to rehabilitation of individuals totally normal, if he has the assets and resources, experts say. The Bank of Russia made the sanator Bank “URALSIB” businessman Vladimir Kogan for the first time assigning this role to an individual.
MOSCOW, 5 Nov. The Bank of Russia made a good choice sanator Bank “URALSIB” for the first time assigning this role to a physical person — businessman Vladimir Kogan; maybe the CBR was disappointed in the financial recovery of banks by other credit institutions, experts say.
The Bank of Russia and Agency on insurance of contributions (ASV) on Wednesday reported that for the Bank “URALSIB” has adopted a plan of measures to restore its financial situation, involving the transition of at least 75% of the Bank under the control of businessman Vladimir Kogan. The DIA for the credit of the Central Bank will provide to the Bank under the reorganization 81 billion. Later URALSIB said that Kogan has agreed to buy 82% shares of the Bank and the current Bank owner Nikolay Tsvetkov will retain a minority stake.
“The new owner has a successful banking experience and good business reputation”, — said the head of analysis of financial institutions RIA Rating Andrew Manko.
“It is questionable whether the lack of motels the actual experience of rehabilitation, which, on the other hand, is compensated by his great desire to re-enter the big banking business,” said one banks analyst, who requested anonymity.
Rich business communication and the existence of a political resource, in addition to the experience of doing banking business, also make choices Kogan successful. These circumstances will help to solve the problem of lack of teams, the analyst believes “RusRating” Evgeniy Slavnov.
“I don’t think the team’s lack of a serious drawback with such resources and, given the large number of professional Bank employees in the country, lost their place in the framework of the cost reduction by the banks, I don’t think the search team will be a difficult task,” he suggested.
The frustration of bankers
Involving individuals or companies for the recovery of banks in the future did not exclude former Executive Director of the rating Agency “Expert RA”, the managing partner of NAFI Paul Samiev.
“The very fact of bringing to the rehabilitation of individuals totally normal, if he has all the assets and resources to be rehabilitated. This sanatorium can be a legal entity, not a Bank. Apparently, CB has some disappointment in the reorganization by the bankers,” — said the expert.
Samiev reminded of the case of Probusinessbank, which in 2014 was engaged in financial restructuring of the Bank “Solidarity”, but in August he himself lost the license. In some cases, he said, the turnaround begins to use the rehabilitated Bank as “rubbish” — to transfer their own bad active in this troubled Bank, which may not comply with the mandatory regulations.
“Perhaps rehabilitation is not banks, and the forces of any other entities or individuals will continue,” suggested Samiev.