Experts expect growth of credit activity of small and medium businesses

The increase in demand for loans in the I half of 2016, experts expect mostly in the commercial segment. At the same time loans for investment purposes will continue to be less in demand than the loans for working capital. But as a whole, even by a decline in lending to SMEs (according to the Bank of Russia, for the year the volume of issued loans to businesses fell by 28.2 percent), demand for loans by businesses continues to grow. The volume of new applications by SMEs has grown by an average of 30 percent. With the decline in demand faced only 21 per cent of those surveyed bankers.

Among the factors that will determine the dynamics of the market in 2016, experts called the macroeconomic situation in the country more often, reducing inflation, the dynamics of domestic demand, the level of administrative and tax burden on businesses, as well as the size of the key interest rate.

"As long as the key rate and other regulatory instruments of the Central Bank will be at the current level, the situation with lending to small and medium-sized businesses will not change, - said Dmitry Nesvetov, a member of the Moscow branch of the Board of the All-Russian public organization of small and medium business" Support of Russia "From. control under the circumstances, banks expect easing of funding conditions, changes in reserve requirements and standards. The acceptable level of the discount rate of the survey participants rated at 8-10 percent. Respondents also pointed to the desirability of the Central bank to banks a grace period to create additional reserves during the current restructuring credits, as well as mitigation requirements in determining the category of borrower quality.

Banks today the share of rejected applications is 27.7 percent. In medium-sized businesses, their share is traditionally less - 13.6 percent. The poor financial condition of the borrower and the absence of (or lack of) his liquid collateral continue to be the main causes of failure.

Additional influx of demand experts expect by engaging in microfinance segment of small and medium-sized businesses interested in larger loans, which will contribute to an increase in the maximum amount of micro-loans of up to 3 million rubles.