Financial Wealth Ideas

What's happening to bank deposits? According to some experts inflows slowed down in the banks. And that is the fall in interest rates and rising popularity among the public of alternative ways of investing money (PIFy, real estate, etc.). For other data, the volume of deposits only increased. This is partly due to the continuing fall of the dollar against the ruble. Store in the U.S. currency of their savings are less interesting. Therefore, only the "lazy" lacks even from under their pillows "green" and did not exchange them for rubles. And what to do with the ruble? Of course, investing. According to old Russian traditions include money in the bank. So, with such a situation to talk about slowing the flow of bank deposits early. Head of Retail Marketing "Russian Bank for Development" is also believed that the volume of deposits in banks is not decreasing, while the other sees the reasons for this: - I would not talk about slowing down the inflow of deposits in the banking sector. Short-term decline in the rate of growth of individuals is possible in summer - the period of seasonal decline, when people are not so active. In the longer the interval of declining inflows to say no. A bit of a different point of view is of the Deputy Head of the Office of the methodology and the development of passive and commission operations "Vneshtorgbank 24" Julia Kitnik: - Indeed, according to statistics in the 1 st quarter of 2006 the growth rate of the fund-raising individuals' banks has slowed down (compared to the previous period). The influence of this has had a number of factors, coming as it did:

1. After many years Sberbank increased its rates on deposits, which still remained below average. Banks were lower rates based on the bank, thereby "dropped" the market rate; 2. Started a massive PR PIFov; 3. A number of policy decisions on the establishment of federal programs aimed at substantial reduction in bank lending rates (affordable housing, supporting small and medium-sized businesses, etc.). These programs have been actively pursued.

As a result of an abrupt shift in market demand for banking products to the consumer, ie lending. Since banks tend to lend to major acquisitions in the 70-90% of the value of previously made in banks accumulating population went to the remaining 10-30% of the cost. However, in the 2 nd quarter of 2006, growth is not only recovered but also increased. In this case, the golden rule of market work: self-regulation in the pursuit of balance. For the six months of 2006 prices rose by 6.2%. But how would the government tried to contain inflation, it still insists on increasing, value of our money. Incomes of Russians increased from year to year, free money there, and, of course, raises a problem: how to preserve its zanachku of depreciation? With each passing day becomes more and more tools for investments that may be used by the Russians. It remains only to decide: do you just want to save money against inflation or to receive income, the truth, risking losing the attachment? At the bank deposits are not a lot of money, their main purpose - keeping the money. What brought the first half of the depositors and that they can expect at the end of 2006? After the wild jumps of inflation during the winter months, many were confident that the Government will not be able to curb rising prices at the level of the promised 9.5%. But inflation pristrunili spring and by summer it had become generally behave "decent". Experts seriously talking about that the forecast financial authorities may finally realized. If that happens, the holders of ruble deposits remain in the black. State men threaten to keep inflation at 9.5%, and it is possible that they will turn out. Now there are signs that inflation is becoming more or less manageable. While most forecasts for 2006 remain unchanged - 10%. However, the concept of inflation is always relative. The most interesting thing is that, according to Rosstat, the cost of a minimum set of products for the same six months increased by 12%, services, utilities jumped by 16%. That is the whole vast inflation hit the poor countries. On the other hand, when there money is and the problem of how to protect against rising prices, increase. For people who do not wish to risk on the stock exchange and only want to protect their money against inflation, bank deposits, probably the best way to invest. In June, the first time in 2006, all deposits in rubles showed a positive real rate of return, which is 0,09 - 0,5%, depending on the timing of investments. This indicator relates to the decline of inflation to 0.3% in June. Holders of deposits in dollars have also been able to earn 0,36 - 0,62%. But leaders of the past months of profitability, deposits in Euro at this time have failed. They are depreciated on 1,67 - 1,92%. In 2005, all deposits of revenue have gone negative. This happened because of the high rate of depreciation of money in our country. The expected decline in inflation this year holds out the hope that contributions will be able to fight off all the 100% inflation. One of the main advantages of deposits - is a fixed interest rate. That is, signing a contract, you already know how to get the fat end of the term deposit. Other ways to invest and can bring even more revenue, but depend entirely on the market. For example, the metal deposits on the basis of six months of 2006 have gone negative. This was due to the fact that precious metals have reached their maximum price, and stopped in price on world markets. The most highly effective ruble yield showed investments in real estate. With the crazy increase in prices in the housing market during the first half of 2006 square meters have their masters 29.4% of the profits. But there is no guarantee that in the second half of the year, housing will get up at the same pace. On the possibility of banking crisis in Russia in coming years The possibility of banking crisis in the coming years is associated with rapid growth in consumer lending, which entails the risk of not returning a wave of loans. The volume of loans to individuals in Russia each year almost doubled. At the same time in 2006 they reached 5.5% of GDP, which is not allowing to speak about the development of the market. At the same time, credit-related debt of individuals to their annual income in the second half of 2006 amounted to about 14%, while the cost of its services - 10,2%. The per capita account for about 576 dollars of credit, which indicates a shift from shallow purchases of home appliances to purchase televisions and washing machines. These figures suggest that borrowers are able to service their obligations to banks, even while reducing its revenue by 30%. The total for the banking system, the financial result (the sum of profits and losses of all banks) up to 5 times higher than the delay. Delay of legal persons is about 1.2% of the loan portfolio, according to the physical - 2.6%. In order for the whole banking system arose loss (consistent with other conditions), delay in credit to increase the population of more than 5 times. All of this does not mean that the crises in the banking system is possible. According to the mechanisms highlighted two types of crises: "bottom" and "top." Causes of the crisis first type - high individual risk of a bank: non-compliance with legislation and as a consequence - the Central Bank of sanctions or other organs. Ensures the management of liquidity problems of the poor, the causes which may be different: the imbalance of the obligations under the currency, duration and volume, long-term losses and proedenny capital; care major shareholder; care - especially early - a major client with the balance, non-credit. Everything described is happening every day, but usually not at major banks, and without significant consequences. Theoretically, the problem starts in two cases: when touched, one big bank or a lot smaller. First, the bank ceases to make loans (the money needed to investors), customers, borrowers are starting to go to other banks, the bank loses income and losses, liquidity is not enough, it begins to hold client payments. And here comes the key point: at the correspondent bank's money come from him and the rest of the banks - no. He turns into a "black hole", which suck out money from the banking system. So the crisis is becoming global. And it can occur in a vacuum, as a result of, for example, hearing.