In the nearest plans of the Military-industrial Bank – capital increase by a financial institution dopemisii a volume of more than 1 billion rubles, said the Chairman of the Board of Directors of VPB Yuri Colton.
MOSCOW, 18 Dec. The shareholders of the Military-industrial Bank (VPB) in 2016 will increase the Bank’s capital by dopemissii more than $ 1 billion, said in an interview with the Chairman of the Board of Directors of VPB Yuri Colton.
“In our nearest plans – the Bank’s capital increase by dopemisii of over 1 billion, are currently under a negotiation process with the Central Bank. Moreover, they also discuss plans to attract subordinated debt in 2016, but the order of the numbers while we can not disclose”, — said Colton.
The Bank plans to raise funds in other ways: VPB previously registered with the CBR its first bonded loan for 3 billion rubles.
“We plan to implement in 2016, which will allow us to raise additional funds for their projects in the field of financing the real sector of the economy,” he said.
Banks submit to the Central Bank as soldiers
The decision of the Central Bank to raise the key interest rate year ago to 17% annual rate Colton did not. According to him, banks interact with the regulator on the military principle, therefore, should not doubt the correctness of its decisions.
“Banks as soldiers obey the controller of the military hierarchy: decisions of the Bank cannot be considered as the banks decision right or wrong — they are always right,” Colton.
The Bank noted that due to the increase in the key rate VPB got the opportunity to Finance customers at a higher rate because the cost of financing is tied to the key rate.
The key rate has helped
Deposits in big this year rose sharply. For the period from January to December of term funds of individuals on the Bank’s balance sheet has doubled – to 28.1 billion rubles.
“Our Deposit rate has always been at the market level, never above the recommended regulator”, — says the Chairman of the Board of Directors of VPB.
Some banks increase the key rate was interpreted as the need to endure, to wait out the situation, explained Colton. The VPB was fundamentally different position.
“Our policy has always been consistent. We understand that our projects that we develop, give the necessary level of profitability – we will work on attracting funds,” he said.
GNP by the end of 2014 earned 203 million rubles in net profit according to international standards or 381 million rubles according to Russian accounting standards. By the end of this year, the Bank also plans to make a profit.
“We have planned a profit of 500 million rubles this year” — summed up Colton.