The Central Bank has not yet been able to negotiate with the creditors of the Bank “Peresvet” on the readjustment of
Two of the lender troubled Bank “Peresvet”, the main shareholder is the Russian Orthodox Church (ROC), said on condition of anonymity that the Central Bank is really trying to negotiate with banks and companies holding funds in Bank accounts, on the conversion of debt in a subordinated Deposit. About it on Monday writes RBC, which became known the details of the negotiations.
“Discusses subord for a period of 15 years under 1% per annum”, – said one of interlocutors of the Agency. According to him, the conversion yet does not provide debt relief.
According to another source, creditors rely on the support of the regulator, however, the Central Bank is ready to allocate funds only to the extent comparable to the portfolio of deposits of natural persons, is about 12-13 billion.
However, major creditors, which are mainly represented by state-owned companies, the conditions offered by the Central Bank, not satisfied, since, according to preliminary calculations, the “hole” in the “Peresvet” can be much more than was previously known.
Information about that because of disagreements between the Central Bank and the Bank’s creditors in any constructive solution to develop is not yet possible, confirm the sources of the newspaper “Kommersant”. Moreover, according to them, the discussion turned into an open conflict between one group of creditors and the regulator.
The Board of Directors of “overexposure” should consider his financial recovery is already 14 Nov.
ROC, note, in late October saidthat has nothing to do with the problem Bank and asked not to call his Church.
Informed to”Novaya Gazeta” said that “Peresvet” was a pillar of the financial system of the Moscow Patriarchate. Established in the early 1990s on the initiative of Metropolitan Kirill, the current Patriarch, he was under the direct control of the Patriarchate (collectively, 49.6% of the two Church structures), but also had the state cover in the face of the second shareholder, the chamber of Commerce and industry of the Russian Federation.
“Peresvet” hung about a third of all funds of the Russian Orthodox Church, although experts say that some of the money the Church hierarchy had to withdraw. What is happening can be either the beginning of the flight of capital from the Church of Russia, or the decisive blow of the authorities of the Church pocket, the publication suggests.
In addition, the Bank has kept 17 billion of shareholders ‘ equity and the related state-owned companies, large private companies, government agencies and pension funds.
We will remind, the attention to the “closest distance” was drawn in the first days of October, when the newspaper “Vedomosti” wrote that the rating Agency Fitch suspects the Bank in lending to affiliated companies without real assets.
Then, however, the Bank has limited the issuance of money to clients by the amount of 100 thousand rubles, or 1.5 thousand dollars. The press service of “overexposure” denied the existence of problems with money, stating that the restriction on withdrawal of deposits may be withdrawn on next week.
It also became known that “Peresvet” failed to place bonds of series BO-04 with a total nominal value of 2 billion rubles. Placement of securities at nominal value took place from 14 to 19 October, the investors had not purchased any bonds.
In mid-October, media reported that the Chairman of the Bank “Peresvet” Alexander Shvets has gone missing and his whereabouts are unknown for several days.
Later, the Bank denied information about the alleged missing top-Manager. The press service said that Shvets is on treatment, and the duties of the head of the Bank shall be temporarily performed by the Vice-President Pavel Panasenko.
On 21 October, the Central Bank introduced the Bank “Peresvet” temporary administration and a moratorium on payments to creditors. Temporary administration primarily deal with the examination of the financial situation of the credit institution.