Working under cover: Anastasia Kolesova and Oscar Prokopyev as the most ‘unsecured’ bankers of Tatarstan

The most 'secured'

The Tatarstan banks have secured 87% of the issued loan at 490.5 billion rubles. The largest part of collaterals is presented in the form of real estate and transport – 332.1 billion rubles. Another 93.7 billion rubles are the securities (including mortgages). The things are going well of the small credit institutions like the controlled by Bolgarians IK Bank (the ratio of the collateral value of assets to the loan portfolio on 1 May was 445%), Chelny Avtogradbank, Kama horizon, Kamkobank. Also among the most 'secured' ones is Tatagroprombank. However, the degree of security of the loans, perhaps, should not be overestimated – only 1.6 billion out of 2.7 billion are secured by the tangible property. More than a billion has been secured by securities.

It is on the papers, in the process of resolution Timer Bank suffered losses, which, apparently, made the right conclusions. The value of the collateral assets exceeded its loan portfolio by 40%. Out of 17.1 billion rubles, 14 billion rubles account for real estate, transport, equipment, etc. and only 3.1 billion — securities.

In general, the collateral value of the property exceeds loan portfolios of 10 out of 21 Tatarstan banks, counting Tatagroprombank. It is lower than of the other 11 banks, but is at comparable levels to strong federal players.

The solid 'average' types like Gazprombank and Alpha Bank had the collateral value of the property in relation to loan portfolios at 70-80%. Photo: foursquare.com

Like in Moscow

For example, on 1 May, Sberbank had the value of the collateral property at 93% to the volume of the loan portfolio. The figures, of course, are enormous – almost 15 trillion (!) rubles, out of which more than 10 trillion rubles are a tangible property, and a little over 4 trillion — securities. VTB24 bank had a loan portfolio — 1.6 trillion rubles, and the collateral is estimated at nearly 1.8 trillion. Rosselkhozbank has the same coverage (107%).

The solid 'average' types like Gazprombank and Alpha Bank had the collateral value of the property in relation to loan portfolios at 70-80%. Both banks give a clear preference for material assets, but not for securities.

Meanwhile, there is a funny picture concerning the collaterals of traditionally retail players. For example, Tinkoff Bank has no collateral for loans at all. The Bank of Oleg Tinkov has issued unsecured (excluding insurance coverage) loans at 109.3 billion rubles. A similar story with the City Bank, which took as a collateral the property, the value of which amounts to only 1% of its loan portfolio. The Russian Standard — 7%.

Tatsotsbank, which is headed by Anastasia Kolesova, has the value of collateral covered only at 71% of the loan portfolio. Photo: gossov.tatarstan.ru

Without cover

The least 'secured' in terms of collateral among Tatarstan's banks there are players such as Tatsotsbank and Bank of Kazan. The first credit institution, which is headed by famous Kazan businesswoman and the Deputy of the State Council of Tatarstan Anastasia Kolesova, the value of collateral covers only 71% of the loan portfolio, which exceeded 10 billion rubles. The Bank of Kazan, which is owned by the former Vice-mayor of Kazan Oskar Prokopyev, has the coverage at 74% of the portfolio at 7.5 billion rubles.

The collateral of the Tatarstan's largest Bank AK BARS, which is valued at 222.4 billion rubles, is enough to cover 80% of loan portfolio. However, in comparison with other banks, ABB has a rather high share of securities — 51.9 billion rubles. The collateral value of property of the second largest bank in the Republic Tatfondbank is 74% and there is also a high proportion of 'paper' cover (24.7 out of 53.4 billion rubles).

The collateral value of the property taken as collateral for the bank loans of the Republic of Tatarstan on 1 May, 2016, thousand rubles, the data of the Central Bank of the Russian Federation

The collateral value of the property taken as collateral for the bank loans of Russia on 1 May, 2016, thousand rubles, the data of the Central Bank of the Russian Federation