The Central Bank said that the bank decided to sanitize « The Baltic» ( 60 th place in the ranking of assets « Interfax-CEA”) after verification by the Deposit Insurance Agency ( DIA). The question of rehabilitation « Baltic” CB considered several months, began to look for an investor for more than three months ago, told « Vedomosti “banker who was interested in the bank. But have not yet found, the message of the Central Bank. The powers of the shareholders and the board of the bank suspended the interim administration takes over DIA, it is then choose an investor who will bank resolution. Selection will be made until 8 September 2014, clarified the agency itself.
The selection procedure for the investor « Baltic “will set a precedent, said the banker, the bank was interested in, and confirms a person close to the supervisory unit of the Central Bank: Central Bank of the DIA and want to have an open competition in which everyone can participate banks. Previously, the choice of the sanatorium was the result of negotiations and personal arrangements between the potential investor, the rehabilitated banks and the DIA, says the banker. Investor for financial recovery never picked the tender confirms a person close to the supervisory unit of the Central Bank: « Who agree with the shareholders of the how it will be bought back shares and assets, will become the sanatorium “?? He describes the standard scheme, adding that to do so with the help of the tender seems almost impossible. Most likely, the DIA will announce the maximum amount of investment in the improvement of « Baltic” and gather proposals from banks wishing to participate in rehabilitation, ?? how they think to correct the situation, the source continues, « Vedomosti”. Documents regulating the procedure of this competition is to prepare the DIA; Will the choice of the sanatorium at competition standard practice is not yet clear, he adds.
Applicants for the bank is already know the sides « Vedomosti”. In particular, « Baltic” interested Alfa Bank, said the banker, before he showed an interest in this bank. Alfa-Bank is quite willing to participate in the competition under certain conditions by the DIA and the Central Bank agrees to a person close to the « Alfa Group “. What are these conditions, it does not specify, saying only that they are not related to the amount allocated for the bailout. Representative of Alfa Bank confirmed that the bank is considering participation in the rehabilitation « Baltic».
Another bidder ?? Probusinessbank. On the possibility of his participation in the rehabilitation « Baltic ‘group said yesterday preboards « Life» ( it includes including Probusinessbank) Alexander Zhelezniak.
How Sanatorium receive the salvation of the bank, the Central Bank has not yet reported. At « primary purpose of liquidity management ?? Baltic ?? DIA received from the Central Bank of 10 billion rubles. for a year, “says a person close to the supervisory unit of the Central Bank, but it is not all the money provided to reorganize the bank. The maximum amount that Controller can allocate « The Baltic”, can be about 60 billion rubles. , he said: a loan for sanitation must be comparable to the amount of deposits. And at « Baltic” on August 1, 2014 was 57.6 billion rubles. funds raised in the form of deposits. The actual amount of assistance will be determined at the end of the selection of a sanatorium, spokesman for DIA. Need for an immediate loan « Baltic” No, said deputy chairman Mikhail Sukhov, but in case of need, the DIA will apply to the regulator for additional assistance even before the investor.
If the Central Bank actually allocate salvation « Baltic” 60 billion rubles., then the bank will become the third largest aid received ( see. chart on p. 11).
10 billion rubles. to reorganize the bank of this size ?? amount clearly insufficient, sure banker who was interested in « of the Baltic.” Just long enough for it to pay off part of investors who want to collect the funds. In addition, the bank has a decent hole in the balance sheet, said the source « Sheets”, referring to the results of the inspection « Baltic “DIA: The difference between the stated assets and the fact that there is a reality and has the proper quality is about 20 billion rubles.
A large share of « Baltic” invested in assets that do not generate cash incomes, Sukhov said. About these, as well as certain other assets the bank’s shareholders are litigation, so the ability to take control of the funds invested by the bank depends on the decisions of the judiciary, he states. This creates risks of loss of liquidity management « Baltic” does not actually run the Bank’s investments in the amount of not less than 30 billion rubles. On the other hand, the bank has assets ?? a conservative estimate, at least 40 billion rubles. ?? capable of generating cash flow, concludes Suhov. All assets of the Bank amounted to 1 August 2014 RUR 85.8 bln., Follows from his statements. A separate operations of the bank and also contain « features unscrupulous asset transactions,” said Suhov « Interfax”. If these suspicions are confirmed the Central Bank, the relevant information will be sent to law enforcement agencies.
« Baltic” has long been in need of recapitalization: back in the second half of 2013, the indicator adequacy of its capital was close to the minimum value of 10%. First « Baltic” planned additional issue of 166.2 million rubles. Then ?? 14.6 billion rubles., but the decisions of the Board of Directors in this regard whenever challenged in court. Additional issue was the need to conflicting shareholders could share assets, said a source familiar with the situation in the bank.
Conflict of its shareholders ?? President « Baltic” Oleg Shigaeva and founder of the St. Petersburg real estate agency Andrei Isayev ( Now it belongs to 49.88% of the shares) ?? lasts for more than a year. Shigaev not want banks to lend to projects Isaev, who began development in addition to engage in other business, said one of the bankers of St. Petersburg. Unable to agree to shareholders and the sale of the bank, said a banker who was interested in « of the Baltic.” While the conflict lasted, the bank lost money: from the beginning of the year out of it flowed 12.5% of household deposits, which account for almost 70% of the bank’s liabilities.
A representative of « of the Baltic” has not responded to questions « Gazette».
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