As a "KNOCK out" loans from borrowers? - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
Loans from the borrower will knock out powerThe share of problem loans in Ukrainian banks before the end of the year may reach 17%. Today, experts estimate that about 15% of total lending. Most bad debtors - in Donbas. They will be "under pressure" criminal cases, and the money to "knock out" - collection Agency.In Ukraine is actively developing the market of consumer loans. According to the results of 2007 the volume of consumer loans exceeded 20 billion UAH., an increase of 60-70%. This year growth is projected at the same level. Meanwhile, the active development of this segment has led to the growing problem of non-repayment of loans to banks and other financial institutions.Experts note: exacerbating the problem is the poor performance of the banks. In particular, underdeveloped scoring system (the system with which on the basis of previous credit history of its customers the Bank is trying to determine how the probability that a particular borrower will return the loan on time). Also make itself felt weak relationship between financial organizations with collectors and inflation in Ukraine."Today the situation in the lending market is highly dependent on the economy of Ukraine and leading countries of the world, says branch Manager of the Bank "FUIB" in Kiev Sergey Magdic. вЂ” The level and dynamics of such indicators as inflation, interest rate, the dynamics of GDP growth and many others have a direct impact on the level of interest rates on loans and on the state of liquidity of banks. In an unstable economy increased risks of loan defaults by borrowers.The borrower who?Conventionally, the debtors can be divided into several groups. The first simply forget to make the next payment. The second encounter financial difficulties, but they usually can agree on how to restructure debt. Still others hope that the non-payment of the loan will be forgiven" and have money in the Bank only when they realise the debt to the Bank is harmful to their interests.About 5% were victims of their own credulity, say at the Bank "Finance and Credit". They draw up the documents for yourself and the loan you take friends, acquaintances, relatives, who then do not return.Professional fraudsters, according to experts, too much: about 15-20% of the total number of borrowers.Scammers generally, the funds invest in the business, and the process of repayment of the loan with the help of lawyers stretch for long term. During this time the Bank issuing the loan, you may abandon the idea of repayment of the loan or simply disposed of. Already happened with certain financial institutions. Others are smarter and more pay loans small fractions, thereby avoiding charges of fraud.Professional crooks remain the main problem for many bankers. Often they are grouped together and operate in several cities. Often the return for the Bank loan becomes unprofitable. After all, you need to pay about 26 thousand UAH. state duty for notarization for enforcement proceedings. In addition, a tenth part of the debts will have to give the Executive service. And that's not all the costs incurred in the collection of the loan. So commercial banks are sometimes simply refuse the foreclosure of a loan, seeing the futility of such work.The national Bank will helpNot so long ago, the national Bank of Ukraine has promised to lobby for the introduction of criminal liability for debtors, does not return the loan. The national Bank believes that such a measure would protect financial institutions from unscrupulous customers. Perhaps the risk to find yourself behind bars will force the borrowers to be more responsible. But bankers are confident that such measures will affect the debtors only if criminal liability will be clearly identified in the legislation. When bad debts criminal cases should be got not only the employees of the enterprises-borrowers, but also to the founders of the organization. Only in this case the promised sanctions will be afraid.By the way, in Russia parliamentarians seriously concerned with the problem of bad loans. For consideration by the state Duma is preparing several bills about the tightening of consumer credit.Full list provided penalties as follows: penalty up to the amount of annual income, obligatory works for the term up to 180 hours, or correctional work for 6 to 12 months, or arrest for a term from two to four months, as well as the most severe measure is deprivation of liberty for a term up to two years.Penalties can be applied against those who caused your lender significant harm: two times overdue or brought the sum of no return up to 10% of the total amount owed to the Bank. The punishment should be for providing false information to obtain credit.BlacklistIn Ukraine the most problematic in terms of repayment experts believe Donetsk, Lugansk and Zaporozhyearea. However, not all banks in these regions causes the situation with debtors. "Today this issue is not so crucial to cause excessive anxiety. The share of troubled loans in the consolidated portfolio of the branch is less than 1%, which is quite a good indicator," says Sergey Magdic.But even with a minimum percentage of defaults banks are actively working with unscrupulous clients. For example, in "PrivatBank" are the black list of debtors. Caught in such a database of customers here to serve not be. In other banks scrutinize the financial situation of the potential borrower. Go to the client home, ask for a police clearance certificate or test certificate from work. In addition, employees are trained by the appearance of the client to determine whether or not to cooperate with him.The way out could be the tightening of credit terms, but due to severe competition between banks is almost impossible.Insure interest"Many banks that are active in the market for tax-exempt loans, insure the financial risk of loan default in insurance companies, in this case, of course, this is reflected in the effective interest rate or other loan product," says Bank FUIB. Today the effective interest rate on unsecured loans in hryvnia was over 60% per annum.Such high interest rates due to a high default risk quick unsecured loan. According to various reports in Ukrainian banks, defaults on quick consumer loans and unsecured loans can be up to 20%. To cover them is possible only at the expense of profitability.In other words, their losses to non-performing loans and other problem loans, banks are forced to cover due to the new borrowers, which in interest rates, one-off commissions and "laid" the amount of defaults unscrupulous clients. And if to consider that in its operations the Bank tries to be earned, then... it turns exorbitant interest rates.Given this, experts rightly notice that in the near future interest rate on unsecured consumer loans and other types of quick loans is unlikely to decrease.With regard to foreign currency loans, they are, for objective reasons, have also become more expensive: several rating agencies downgraded the rating of Ukraine that became the reason of increasing interest rates on syndicated loans provided to Ukrainian banks.Experts predict that the situation in the future is expected to stabilize, however, that Ukraine's economy out of the current crisis, should be made clearly weighted steps to stabilize the economy and quell inflation by the government. This is quite a time-consuming process that may continue to huddle up to 12-18 months.Collectors will returnToday the majority of banks still prefer to solve the problems of debt recovery. While there collectors (companies involved udienza the recovery of debts from physical persons and legal entities) engages in only 1-2% of finaseride.Collectors associate the lack of activity of the companies with the fear of "tarnishing the reputation". In this learned and "Purse": the representatives of many banks did not want to speak on the subject of defaults. Obviously, afraid that it may have a negative impact on the image of the institution and scare away customers.Many companies are not familiar with the specifics of agencies and mistakenly believe that their methods are too hard, experts say. So to solve the debt problems they are trying not to involve external participants.
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