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Credit Costs Are Stabilizing For Banks In Russia, Kazakhstan, Ukraine, Belarus, Azerbaijan, Georgia, And Uzbekistan Apr 11

  • ID: 1786581
  • April 2011
  • Region: Azerbaijan, Belarus, Georgia, Kazakhstan, Russia, Ukraine, Uzbekistan
  • Standard & Poors
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FEATURED COMPANIES

  • AGBank
  • BANK ROSSIYA
  • CentroCredit Bank JSC
  • JSC AsiaCredit Bank
  • Muganbank OJSC
  • SME Bank
  • MORE

Abstract
In the aftermath of the global financial crisis and as economic conditions gradually improve, the banking systems in Russia, Kazakhstan, Ukraine, Belarus, Azerbaijan, Georgia, and Uzbekistan, as in many countries, are recovering. The amount of problem loans is declining and so are the related costs. Standard & Poor's Ratings Services believes that stabilizing or lower credit costs, reviving business activity, and stabilizing net interest margins should help the banks' bottom lines and creditworthiness--but there are many caveats. Credit costs for banks in these seven countries have declined on the back of a drop in problem loans, but to a greater or lesser extent depending on the bank and by country. The impact of the economic crisis on the banking systems...

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

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- Aljba Alliance
- JSC Alfa-Bank
- Kazkommertsbank JSC
- Halyk Savings Bank of Kazakhstan
- JSC AsiaCredit Bank
- Commercial Bank Petrocommerce OJSC
- BTA Bank J.S.C.
- Renaissance Capital Holdings Ltd.
- BANK URALSIB (PJSC)
- AO UniCredit Bank
- Nurbank JSC
- TransCreditBank
- Development Bank of Kazakhstan
- Russian Standard Bank JSC
- International Bank of Saint-Petersburg
- Gazprombank JSC
- Bank SOYUZ
- Tsesnabank
- Ural Bank for Reconstruction and Development
- Rosbank OJSC JSCB
- B&N Bank PJSC
- VTB Bank JSC
- CentroCredit Bank JSC
- Home Credit and Finance Bank LLC
- ForteBank JSC
- SME Bank
- JSC Eurasian Bank
- Vnesheconombank
- National Factoring Co.
- Investment Company Veles Capital LLC
- PJSC KREDOBANK
- Bank of Georgia
- GLOBEXBANK
- Kazakh Agrarian Credit Corp.
- KazInvestBank
- Krayinvestbank
- VTB-Leasing
- Commercial Bank Renaissance Credit LLC
- West Siberian Commercial Bank
- MDM Bank
- Foreign Economic Industrial Bank (Vneshprombank)
- AO Raiffeisenbank
- BPS-Sberbank
- AGBank
- Vozrozhdenie Bank
- Element Leasing LLC
- Agency for Housing Mortgage Lending OJSC
- National Bank For Foreign Economic Activity Of The Republic Of Uzbekistan
- Bank for Innovation and Development
- Development Capital Bank OJSC
- BNP PARIBAS BANK JSC
- Muganbank OJSC
- Renaissance Financial Holdings Ltd.
- Belagroprombank JSC
- Public Joint-Stock Company Sovcombank
- Samruk-Kazyna
- BANK ROSSIYA
- Uzpromstroybank
- Troika Dialog Group Ltd.
- SOTSGORBANK
- Temirbank JSC
- Alfa-Bank Ukraine
- Kapitalbank
- S.L. Capital Services Ltd.
- Halk Bank

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