Bankers: The rate of decrease in rates on loans in 2011 could slow

Interest rates on loans in the current year will fall more slowly than in 2010, pace, according to bankers interviewed. "We watched the last six months rather significant reduction in interest rates on loans to legal entities, which now stands at 15-18%. I think that this year there are opportunities to further reduce rates, but it is unlikely they will fall below 10-12%. Interest rates on loans to the population would decline at a slower pace than on loans to corporate loans, "- said the chairman of the board of Swedbank Rainer Mueller Hanke. He noted that the relatively high liquidity of the banks will push banks to lower interest rates on loans. The slowdown in reducing interest rates forecasts and the head of Raiffeisen Bank Aval Vladimir Lavrenchuk. "This significant, then there has been almost five percentage points lower rates on loans and deposits (in 2010 - ed.), will not. We expect a slight decline in interest rates - 0,5 - 3 percentage points, "- said the banker. Deputy Chairman of the Board of VAB Bank Tzvetan Petrinin believes that interest rates on consumer loans in the current year did not significantly change." Do not expect leniency credit - for now they are for this type of lending, are loyal enough "- he said. This banker said that during 2011 the volume of lending in the retail segment should grow" at times "compared to 2010. In 2011, growth rates in the lending market will grow more and more, will intensify competition among banks, especially in the segments of auto loans and consumer loans, he added. According Petrinin, the consumer credit market has about 10 banks in the near future expect to see even more new players: this segment of lending is becoming more interested in banks because of the high yield and short terms loans. The banker believes that some banks this year may increase the proposed amount of credit in order to make the product more attractive and will compete in speed of decision making. Together so, in his estimation, mortgage lending this year will not significantly increase. "Restricted demand for property is still a high level of interest rates constrain the demand for mortgages and the actual lending. The only product that is now sold - is a loan secured by real estate: such loans are usually taken private entrepreneurs for business development, "- he added. According to the chairman of Privatbank Alexander Dubileta, in 2011 the dynamics of growth of credit portfolio of banks will be level of 2010. "Growth of credit operations, I think, will continue in 2011 at the level of 2010. That is, some significant growth will not "- says the banker. According to him, in the current year, banks will increase lending to industrial and agricultural enterprises, as well as to increase consumer lending. Segment car loans will increase mainly due to leasing programs, added Dubilet . On materials the Interfax-Ukraine