Share of non-residents in Russian banks down 27%
MOSCOW. Aug 18 (Interfax) - The share of non-residents in the consolidated registered charter capital of all Russian banks dropped to 27.01% from 27.14% in the second quarter of 2011, the Central Bank of Russia said on its website.
The indicator has come down for a second straight quarter after growing in 2010 to 28.1% from 24.53%.
Consolidated registered charter capital of all banks in the second quarter fell by 2.4 billion rubles, or 0.2%, to 1.19 trillion rubles.
Non-resident investment in charter capital of existing banks dropped by 2.1 billion rubles in the second quarter, or 0.7%, to 323 billion rubles.
The drop in non-resident investment in bank capital was largely due to the reorganization of BSGV through a merger with Rosbank , alienation of shareholders in favour of residents (Ak Bars Bank , Petersburg Social Commercial Bank, Sibneftebank, Uralsib (RTS USBN)) and the Sotsgorbank license withdrawal.
Charter capital was raised at some banks by non-resident funds (Akcept, North-West 1 Alliance Bank, Forus Bank, Energomashbank) and alienation of shareholders in favour of non-residents (Bank of Moscow , St. Petersburg Bank , Vozrozhdenie Bank , Printbank, Sberbank , AKB Sofia, Udmurtinveststroybank).
As of July 1, 219 banks with non-resident participation held licenses.
In 18 banks with non-resident participation, decisions made by non-residents (with a consolidated share in charter capital of over 50%) are significantly influenced by residents. The overall amount of non-resident participation in banks on July 1, excluding non-residents that are under significant influence of residents, was 280 billion rubles, and their share in consolidated registered charter capital was 23.42%, compared to 23.67% on April 1.
There were 78 credit organizations (76 banks and 2 non-bank credit organizations), or 35.6% of the total, that had 100% non-resident participation in charter capital. This number did not change in the second quarter.
The reduction in the number of credit organizations with non-resident participation due to the BSGV merger with Rosbank was cancelled out by the 100% alienation of Sofia Bank shareholders in favor of non-residents.
Total non-resident investment in charter capital was 192.7 billion rubles, down by 12.4 billion rubles, or 6% in the second quarter.
Russian residents have considerable influence on the decisions of non-residents in 6 credit organizations with 100% non-resident participation.
In 31 credit organizations (or 14.2% of the total), the share of non-residents in charter capital exceeds 50% but is under 100%. The number of these credit organizations did not change in the second quarter.
Nonresident investment in charter capital of this group of credit organizations stood at 68.7 billion rubles on July 1, up 8.7% in the second quarter, or by 5.5 billion rubles. The increase was due to a rise in the charter capital of Akcept, North-West 1 Alliance Bank with non-resident funds and an increase in Rosbank charter capital after its merger with BSGV.
Nonresidents whose decisions are significantly influenced by residents participate in 12 credit organizations in this group.