RODOVID BANK Seek for New Levels of Resources Cost
OREANDA-NEWS. May 28, 2008. "Taking into account the indexes of inflation (2007, 2008 years), most banks have increased the rates of deposits, and it was happened due to growing of prices on resources, limitation of sources of financing. It is an index of uncertainty and the search process of new levels of cost of resources at the internal market that will be lasted during two-three months", – Mr. Alexander Sobolev, the Vice-Chairman of the Board of RODOVId BANK, said.
According to him, the availability of getting foreign resources went down in value for western counterparties for western contractors and for the Ukrainian banks availability of receipt of foreign resources went down. We speak not about the cost, but rather about a moral willingness to give resources. "We should get used to the new terms which will be harder. If earlier we spoke about that every next loan will be granted on long period, today we speak about withholding at the same level at which the resources were attracted. As for today, the foreign investments will be aimed not in financial sector, but in industry, i.e. there will be happened the redistribution of accents. More banks either conducted successfully sales negotiations of foreign bank or are in a state of conduct of negotiations. That is why we do not expect large investments in a financial sector", – Alexander Sobolev told.
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