Banks are interested in retail
29.11.2012 2423

Banks are interested in retail

Russian banks are increasingly paying attention to the retail segment, where annual business growth is about 20%. Stable growth in lending to retailers has been observed for two consecutive years, reports RBC daily.

This year alone, Uralsib Bank issued loans to retail companies in the amount of over RUB 10 billion. Most of the borrowers are large federal networks. According to the executive director of the corporate business of Uralsib bank Alexander Afonin, from the beginning of the year to October the increase in the volume of the retail loan portfolio amounted to 45%. At present, the locomotives of the loan portfolio growth are food retail trade, clothing and footwear, he said.

This year, Russian banks financed retail chains in the amount of about 600 billion rubles, analysts at Uralsib Bank cite such data. The dynamics of the volume of retail lending has already exceeded the dynamics of the corporate lending market for several years, in 2011 the difference between these types of loans was 9%, in the current one - 5%.

“Lending to retailers is really developing at a faster pace. This is partly happening, perhaps because the growth rates of lending to other corporate clients are declining, agrees the deputy chairman of SDM Bank Vyacheslav Andryushkin. - There are not so many good corporate clients - in terms of lending opportunities. Therefore, there is a tough competition for such clients between banks ”.

According to V. Andryushkin, retail trade networks are the most attractive clients for banks, because in addition to regular loans, they can also be offered other banking services, such as cash collection or acquiring.

“The demand for loans from trading companies is quite stable. People will always want to eat and dress, - says Kirill Zhukov-Yemelyanov, member of the board of UniCredit Bank. “Now almost all Russian banks, to one degree or another, practice lending to retail chains.”

Experts advise retailers in those banks with industry expertise to raise funds for investment projects and working capital. In such banks, the needs of customers are more understandable, which may affect credit conditions, writes RBC daily.

Russian banks are increasingly paying attention to the retail segment, where the annual business growth is about ...
5
1
Rating

Latest News

Timberland Inspired by Bottega Veneta Style

Timberland has made a bold move and released its six-inch boot using Bottega Veneta's signature "Intrecciato" weave in the design.
22.01.2025 416

Italian Expo Riva Sсhuh & Gardabags Attracted 9 Visitors

In Italy in Riva del Garda From January 11 to 14, the international exhibition of shoes and bags Expo Riva Sсhuh & Gardabags was held. The exhibition attracted 9000 visitors from 100 countries, the same number as in January of the previous year. The organizers also note that…
22.01.2025 383

The Ministry of Industry and Trade has revealed a number of initiatives to implement measures to combat illegal trade

On January 21, a round table discussion entitled “Fight against counterfeiting. Results of 2024. The role of the state labeling system” was held in Moscow at the site of the International Media Group “Russia Today”. The event was organized by the international…
22.01.2025 413

Semler files for bankruptcy

Due to financial difficulties, the oldest German shoe factory Carl Semler, manufacturer of shoes under the Semler brand, filed an application for restructuring within the framework of the local government with the Pirmasens District Court on 16 January 2025. The reason for…
20.01.2025 582

Dr. Martens Releases Lunar 2025 Capsule Collection to Mark the Year of the Snake

With the 2025 Lunar New Year officially starting on January 29, British footwear brand Dr. Martens has launched a capsule collection of footwear to mark the start of the Year of the Snake, featuring snakeleather-embossed details on the uppers of the models.
20.01.2025 539
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning