“Binbank” and “Opening” are about 15% of the total assets of all private banks in Russia. What are the risks of their sanitation?
Employees of the FSUE Goznak factory in Perm carry out selective quality control of banknotes. Alexey Kudenko/RIA Novosti
The Central Bank announced the reorganization of Binbank, having previously estimated the hole in its capital at 250-350 billion rubles. If you add to this “Ugra” and “discovery” , you get almost 900 MRLD rubles. Everyone discusses what is happening with the banking sector and what consequences will have.
Economist Andrei Movchan calculated that the share of the private banking sector in Russia is now barely reaching 1% of GDP, which means that there is no private banking system that should serve as an important driver of economic growth in Russia. The fact that he wrote with private banks and the system as a whole in a column for RBC.
Many financiers agree that one of the key problems that led to the mass fall of banks is the quality of supervision from the Central Bank. You can read more about this, for example, here .
What am I to me?
To save problem banks, the Central Bank prints money. It is believed that this does not disperse inflation, because these funds do not increase the money supply, remaining connected inside the bank balance. But the account is already on trillions, in an interview with Rain, the chief economist of the European Bank for Reconstruction and Development Sergei Guriev notes . In such a situation, the Central Bank will not be able to continue to actively reduce the key rate , on which the cost of all other loans depends. This means that as a result, everything will be paid for saving banks - from large corporations to mortgages, he said.
Will the sanitation of private banks affect deposits? In the near future they will decline, says the chief expert of Interfax CEA, Alexei Buzdalin. The rates in sanitized banks are likely to fall and equal to the rates of state Sberbank and VTB, he believes. Confidence in private banks will decline, but players remaining on the market are now unlikely to increase bets even in order to keep customers.
The new mechanism of sanitation of the Central Bank provides that after recovery, banks will be put up for sale. But so far the share of the state in the banking sector is approaching 70%. For the industry and its customers, this is bad, says Guriev. Banks are a business that needs competition. Otherwise, they quickly turn into a support mechanism for companies with a political resource.
What else do you need to know today?
Putin, Yandex and billionaires
The visit of Vladimir Putin to Yandex did not bring serious news, but gave the media many information farmers. At first, everyone discussed unprecedented security measures and the request to the employees not to dress up (the last general director of Yandex, Alexander Shulgin denies ). Then the Yandex employee Alexei Sokirko wrote on Facebook that he was not allowed to work, since he was “in the FSO BLACK LISTS” (a few days before Sokirko promised to spit Putin in the face if he sees him at the event), Schulgin also denied this.
As a result, the president looked at the prototype of the Basil Car and talked with the voice assistant of Alice (it will be launched in November, the Vedomostifound out ). Immediately after the president’s departure, the Yandex office was evacuated -because of the next call with the false threat of the explosion. Putin, meanwhile, had already met in the Kremlin with billionaires from the RSPP. About what was there, we briefly wrote in our Telegram.
Donald Trump is trying to get through the former adviser Yanukovych
Apparently, the special prosecutor Robert Müller considers the former chief of staff Donald Trump (and before that adviser to Viktor Yanukovych) Paul Manafort. Investigators informed Manafort that he would soon be charged with tax and financial crimes. Sources close to Manafort are sure that Müller's goal is to force him to testify to other Trump advisers. The special prosecutor, meanwhile, requested documents on 13 different topics in the presidential apparatus related to Trump's time in the White House.
Investigations
How Navalny works with social networks
Alexey Navalny became the most popular opposition politician thanks to social networks. The Secret of the company (not without a certain addiction in relation to the main character) wrote a large text, how the work with social media works in the Corruption Fund.
Up to 12 million people per month enters Navalny’s website, the videos on its YouTube channel are steadily gaining more than a million views, and about 100,000 people are watching the Navalny Live direct broadcasts.
YouTube seriously became interested in YouTube after the video from the Corgi wife of Igor Shuvalov brought a million views. After that, he decided to create his video-preakshn. However, the current expenses for it are small - "the acquisition of a camera and a souffler and the salaries of two installers."
The main success is the film about Dmitry Medvedev "He is not a dimon to you." Filming cost FBK 415 thousand rubles. Money went on business trips, the operator’s fee and the lease of loft. Now the film has about 24 million views on YouTube.
The Navalny channel has almost 1.5 million subscribers, and in the category of "Society" he is the fourth in Russia according to WhatStat - overtakes "Channel One".
The most popular weekly program “Navalny 20:18” is watching 400 thousand people each, popular issues are gaining a million. All presenters work for free and come up with content themselves.
Business
How much water costs
Probably, to everyone, when buying, for example, Vittel bottles, the question came to his mind: how much water, which is sold for $ 2-3, cost its manufacturer. Businessweek tells how the business water business is arranged on the example of the American Nestle unit. The company specifically chooses the state with the most favorable laws for opening production-for example, in California San Bernardino Nestle until recently paid $ 524 a year for a fence of 113 million liters of drinking water.
The chess player with Wall Street
A native of Odessa Lev Alburt was one of the most promising young chess players in the USSR, but in 1979 he did not return from the tournament in Germany, left for the USA and settled in Manhattan. He began to earn a living chess and gradually became a favorite Wall Street: Alburt legendary investor Karl Aikan, former head of Goldman Sachs, Stephen Friedman, ex-Governor of New York Ellitt Spitzer, who headed the hedge fund, and many others take lessons. For financiers, this is not only entertainment: chess teaches to quickly make the right decisions, the students of Alburt say. Spitzer, however, wonders: “It is not clear why the financiers with Wall Street love chess: after all, there are rules.”
Why did the tsukerberg politician
All year, the media suspect that Mark Zuckerberg, who had committed a large tour of the United States, had presidential ambitions. Bloomberg wrote a big article about this, for which he talked with the founder of Facebook. He denies the desire to become president, but admits that he became interested in politics and explains why.
Another camp
Unlike Zuckerberg, the co -founder of PayPal and one of the most famous venture capitalists Peter Til sympathized with Trump during the elections, and after them became his unofficial adviser. Now the billionaire may enter the presidential administration. Vanity Fair tells why Til decided to engage in politics.
Useful experience
How to do Sunday with benefit
The weekend is nearing - and this is not only the opportunity to sleep and spend time with the family. Vitalsmart, having interviewed 1600 American managers, found the most successful of them a common habit: on Sunday evening they summarize the results of the week and plan the next. Fastcompany gives three tips on how to brick yourself correctly for a week.
Life after defeat
What to do if Google and Apple are completely killed by your business with one solution? Quartz tells the history of the Indian company Inmobi, which survived just such a story, but after that it was able to become one of the most profitable startups in the country.
Peter Mironenko, The Bell
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