El notes

Dec/09

19

CBI expects the growth of bank failures in 2010

“The next year the number of bank failures would be more than this year – said Melikyan told reporters. – This year, we have withdrawn the licenses of 44 credit institutions, for the next year will be considerably more”.

According to him, such a trend noted in all countries, particularly in the United States.

“At the first stage of the crisis banks experiencing liquidity problems, then comes the growth of overdue debt, banks are beginning to build up reserves, and it starts to put pressure on capital “, – said Melikyan.

” That is the problem starts, and liquidity and capital “, – he said, adding, that therefore the banks do not begin to capital requirements of the regulator.

“Upali everything, but some are beginning to come out, but others can not get out, and fell even further – he said. – I assume from the fact that the accumulation of bad (resulting in increased bankruptcies )”.

RSS Feed

No comments yet.

Leave a comment!

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 4 + 7 ?
Please leave these two fields as-is:

<< Acquiring and terminals waiting near a bright future

Problems of Russia’s banking system found on the official level >>

Find it!

WordPress

Theme Design by Zanax

Tag Cloud