s is stable, the share of overdue loans at the beginning of January was iraq telegram data only about 1%. If the borrower finds it difficult to service the debt, he can always turn to the bank for restructuring. But so far we do not see an increase in the volume of restructuring of loans with floating interest rates.
A possibility that after some time
the quality indicators of such loans will deteriorate somewhat, but I think it is not critical. This is also reflect in our forecast for the profit of the banking sector, where a higher level of reserves is includ.
Speaking about risks, one of the main challenges for the banking sector now is the concentration risk. This is due to the fact that large Russian companies cannot borrow on foreign markets. Part of the debts they had to foreign critors are replac in large Russian banks, and this increases the problem. We believe that the development of the bond market and syndicat lending can become instruments for rucing the concentration risk, so that the risk is more evenly distribut across the banking sector.
The spotlight for a long time
Receiv any significant response from banks, this market is not very clubhouse – everything your brand and business nes to know develop, although the legislation has been adopt. Why are banks not so active in issuing syndicat loans?
— This is probably due to the lack of strong incentives. This year, we plan to prepare and publish a plan for changes in the regulation of crit concentration risk, which are aim ao lists at gradually rucing these risks over several years.