The officers that are top Inkombank, typical for the type, are males within their 30’s. The lender’s headquarters take three frenetic floors rented in a workplace. The decoration of black colored desks and seminar tables and rugs that are gray plush by Moscow requirements.
While Inkombank increasingly finances trade that is foreign domestic financing is its primary career. Aleksei Kuznetsov, the 37-year-old deputy president, criticizes the Central Bank if you are reluctant to invest in the brand new personal banks although it runs credit to your previous state banking institutions, although in reduced quantities in current months. The Central Bank lends to your continuing state banks at 20 % yearly.
„We provide to customer organizations as well as the industry that is military but we have no funding through the Central Bank, “ Mr. Kuznetsov reported. With little usage of national loans, the majority of Inkombank’s funds result from deposits which is why it should spend 25 % to 30 % yearly.
In terms of Inkombank’s 10-billion-ruble loan profile, Mr. Kuznetsov claims the loans are short term — 6 months at most — and every time that loan is renewed, Inkombank tries to push up the interest rate. Long lasting brand new price, payment is postponed, avoiding a showdown over perhaps the borrowers can pay down their debts or standard regarding the loans.