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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  • AGBank
  • Bank Soyuz
  • Element Leasing LLC
  • Kapitalbank
  • Nurbank JSC
  • MORE

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.
- ZAO UniCredit Bank
- Nurbank JSC
- TransCreditBank
- Development Bank of Kazakhstan
- Russian Standard Bank JSC
- International Bank of Saint-Petersburg
- Gazprombank
- Bank Soyuz
- Tsesnabank
- Ural Bank for Reconstruction and Development
- Rosbank OJSC JSCB
- B&N Bank
- VTB Bank JSC
- Joint Stock Commercial Bank ''CentroCredit'' (joint stock company)
- Alliance Bank JSC
- SME Bank
- JSC Eurasian Bank
- Vnesheconombank
- Bank of Georgia
- Kazakh Agrarian Credit Corp.
- Temirbank JSC
- KazInvestBank
- VTB-Leasing
- Commercial Bank Renaissance Credit LLC
- West Siberian Commercial Bank
- MDM Bank
- Foreign Economic Industrial Bank (Vneshprombank)
- Raiffeisenbank ZAO
- BPS-Sberbank
- Alfa-Bank Ukraine
- AGBank
- Bank Vozrozhdenie
- Agency for Housing Mortgage Lending OJSC
- Kapitalbank
- National Bank For Foreign Economic Activity Of The Republic Of Uzbekistan
- Development Capital Bank OJSC
- Uzpromstroybank
- BNP Paribas ZAO
- Muganbank OJSC
- Belagroprombank JSC
- Renaissance Capital Holdings Ltd.
- Home Credit and Finance Bank LLC
- Troika Dialog Group Ltd.
- National Factoring Co.
- Investment Company Veles Capital LLC
- Krayinvestbank
- Element Leasing LLC
- Bank for Innovation and Development
- S.L. Capital Services Ltd.
- Halk Bank
- Renaissance Financial Holdings Ltd.
- Sovcombank ICB LLC
- Samruk-Kazyna

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