Refinancing - ndiwo hwaro mutemo akarirasa uye zvikwereti musika

Chimwe chezvinhu zvinokosha zviratidzi ose webhanga liquidity ndiwo mamiriro pfuma yaro. Yakakwirira pamwero chakarurama ichi zvinoreva kuti tsika zvemari anokwanisa kubhadhara munataisireva ayo, zvose kuitika uye ramangwana nguva. Kana liquidity, uye nokudaro solvency yacho kubhangi anowira, unofanira refinance. Izvi zvinoreva kuti neHurumende Central Bank inofanira govera okuwedzera mari pachiimbwa makambani vanofarira.

Kunyatsogona Financial System nokugadzikana

Chinangwa chipi Central Bank - ndiyo nguva kuziva pakakoromoka munguva mubhangi wacho liquidity, ongorora uye, kana zvakakodzera, kuti kuwana nzira yokubvisa nayo. Refinancing - inofanira unokubvumira:

1. Nechokwadi chamazuva vachibhadhara vari National upfumi tichiregeredza pakuvimbisa kuti liquidity mumwe nomumwe bhengi.
2. Kuongorora mamiriro ezvinhu ari pamusika mari nokuzvisarudzira mubereko prices.

Kunyange zvakadaro, zvinokosha kunzwisisa kuti refinancing - ichi hazvizorambi kunobva mamwe mari zvemari masangano. The Reserve Bank haafariri kutsigira rakabvongodzwa urongwa zvemari nguva dzose. Saka, chero bhengi anofanira kutsvaka kurera okuwedzera mari vatengi itsva uye shareholders.

Basic Misimboti refinancing zvakanaka

Kuti vave nechokwadi kutsiga mari ezvinhu State Central Bank mu urongwa dzimwe mari mamwe masangano zvemari kunofanira kutungamirirwa zvinotevera zvokudya:

• A zvakafanorongwa muganhu uye anomukweretesa.
• Refinancing kuti mabhanga zvinofanira kunoenderana vakagamuchirwa mari negwaro.
• Inoda sangano zvemari Usava zvikwereti kuna Central Bank uye kuti kukwanisa mune ramangwana kubhadhara chikwereti.
• Kuwanikwa rakavimbika Urongwa okuwedzera mari.
• Yakarurama kukura chikwereti chaienzanirana kukosha rubatso.
• The refinancing zvazvingava haagoni kuva kuvatumwa dhisikaundi.

marudzi zvikwereti

Refinancing - ndiwo mukana wekupedzisira kuti mabhanga akawanda. The Bank rokukwirira apo zvose dzimwe nzira yokukwezva mari vakasununguka kunge ndaneta, uye chikwereti vatengi achiri. Kune mhando mbiri inokosha zvikwereti: pamutemo uye yakananga. Wekutanga zviridzwa mari zvachose dzinoshandiswa kuongorora mamiriro ezvinhu ari mari pamusika. Dzinenge Credits inoshandiswa kudzikamisa zvinhu pamwe kushaya liquidity mune zvimwe mabhanga. Central Bank waidzora kumusika ringashandiswawo repos uye swaps.

The mashandiro kuti inoshanda

Refinancing - iri muitiro riri sezvinotevera:

1. Kubhangi ane dambudziko solvency.
2. CB inoongorora mamiriro uye anoita sarudzo kupa chikwereti, Somuenzaniso, imwe $ miriyoni 10 pagore.
3. Commercial Bank vanopa mari chikwereti kuna vatengi vavo pasi yepamusoro chikamu kupfuura refinancing unodiwa.
4. Pamusoro yapfuura icho anodzoka mamiriyoni 10 vane Bank of shoma.
5. Kunokonzerwa nokushanda ichi vari reallocated mari uye kuvandudza kubhengi wacho solvency.

CB hakushandi zvakananga nevanhu vanogara, sezvo iri nyaya aizofanira kuongorora mamiriyoni anokwereta duku. Naizvozvo, yezvokutengeserana mabhanga vave vanozoshanda pakati pavo uye vanhuwo zvavo.

refinancing zvazvingava

Maererano Federal Mutemo "Musi Central Bank of Russian Federation", Central Bank anogona kupa mamwe mari imwe nguva repayable chikwereti masangano kugadzirisa matambudziko avo liquidity. The refinancing zvazvingava - ndiro mudziyo kuburikidza izvo kudzorwa mubereko pamusoro deposits uye zvikwereti. kuderera Its Zvinobatsira anokwereta, apo makambani vanorasikirwa chikamu yavanotambira. Refinancing rinoitwa pane akatsunga kana kusarudzwa inobva pamusika zvigadziriswe unodiwa.

nokugoverwa muzana

Kusvikira 2010, kufadza mari, riri kuzivikanwa somunhu madhuriro, akaenzana zvinotevera ukoshi: refinancing zvazvingava * 1,1. Zvino chinhu chechipiri yakawedzera kusvika 1,8 kusvika Ruble nokukwereta. Kana mumwe zviratidzi panguva mbiri chesungano inofanira kuitwa kaviri kubhadhara. Panyaya zvibvumirano pamwe yokumwe mari, pane refinancing mwero haisi kushandiswa. The kunonyanyisa pamwero kuti kunganzi aibuda zvazvingava - 15%.

Areas chikumbiro nezvainoita

Refinancing pamusoro mabhanga pane imwe mwero iri Russian Federation ane matambudziko kwete chete pavari ivo mari uye zvikwereti masangano, asi pamusoro vanhuwo mugari. Kunyanya, zvinotevera nyaya:

1. Mubereko mari mitero iri deposits (panguva RF Mutero remitemo zvazvingava wakaiswa kuti 35% zvinopfuura mari iyo rinowanikwa kubva mwero refinancing).
2. Kukarukureta vachibhadhara nokunonoka mari chikwereti kuna mushandi (kusanganisira vacation).
3. Kukarukureta zvinhu pamusoro kana mitero (ndiyo imwe matatu muzana hwakagadzwa mwero refinancing).

Muitiro achirumbidza Central Bank ezvokutengeserana mabhanga zvinokosha regulator mari ezvinhu ehurumende. It zvikuru pakuti kukura upfumi, sezvo vanhu vanowanzovimba zvinhu zvavo kumabhengi chete kana vari yakatsiga.