Last year, banks sold bad loans to collectors in the amount of 78.7 billion rubles .- 30% more than a year earlier. True, the banks sell bad loans to collectors under contracts of assignment only after more than three and a half years to work with the bad debt on their own.
In 2011, banks sold to collectors bad loans worth 78.7 billion rubles. against 60.2 billion rubles. a year earlier, estimated by experts of the collection agency "Sequoia Credit Consolidation." This year, the market sale of bad debts, according to the expectations of collectors to grow by 20%, but work with them will be even harder. The fact is that in the past year significantly increased the average time delay in selling loans. If in 2010 it was 30 months, in 2011 - more than 42 months. On the one hand, selling over old debts, the banks are willing to lower prices, on the other - the older the debt, the harder it is to recover, which affects the efficiency of the collectors.
In the past year, banks reported some disappointment in the effectiveness of external collectors of the work of agency scheme with problem loans, that is, without selling. As a result, most players prefer to strengthen the banking sector's own collection service and to work with borrowers on their own as long as possible. Thus, the decision to sell was made at the time when the bank tried all ways to self-punishment. "By submitting a portfolio for the collection of collection agencies, we are always guided by economic expediency, and in 2010-2011 we were able to significantly increase the efficiency of the foreclosure process on their own" - recognizes the Director of Process Control foreclosure HCF-bank Svetoslav Emelyanov.
Longer delays in selling portfolios due to the fact that they are often given in the later stages, such as enforcement proceedings, said the vice president, head of dealing with problem assets VTB 24 Andrei Osipov. According to the "Sequoia", sold in the 2011 portfolio, the share of debt on which the banks have been obtained judgments - 45% in 2011 vs. 30% in 2010. Furthermore, there is debt, which is at the stage of enforcement proceedings, - 20% for sale in 2011 of debt, while in 2010 there was no such debt. "The introduction of loans for sale to the court decisions is also a natural trend. The crisis formed in arrears in 2011, just completed a full cycle of collection, enforcement proceeding is completed, credits obtained in many acts of impossibility of recovery from the bailiffs. Now the bank is economically profitable and technologically easier to sell a bad debt, write off as "- said the expert.
Collectors, on the other hand, reacted to the approach of banks reduced the price of purchased portfolios, explaining that the increase in the cost of their recovery. If in 2010 and early 2011, the average price of tradable portfolio is in the range 5-6% of its amount in the second half of this corridor has become much more widely - from 1% to 5%, the study says. This year, most likely, the trend is to increase the period of delay and reduce the average loan amount would continue, predicts the director to collect arrears of Alfa Bank Oleg Kogan. "The increase in term of delay indicates a deterioration of distressed debt, which negatively affect the price of such portfolios - he says .- The general background of the economy indicates that the problem debtors are less likely there will be new sources of revenue for debt repayment, which will also be taken into account when assessing portfolios of potential buyers. "
In 2011, banks sold to collectors bad loans worth 78.7 billion rubles. against 60.2 billion rubles. a year earlier, estimated by experts of the collection agency "Sequoia Credit Consolidation." This year, the market sale of bad debts, according to the expectations of collectors to grow by 20%, but work with them will be even harder. The fact is that in the past year significantly increased the average time delay in selling loans. If in 2010 it was 30 months, in 2011 - more than 42 months. On the one hand, selling over old debts, the banks are willing to lower prices, on the other - the older the debt, the harder it is to recover, which affects the efficiency of the collectors.
In the past year, banks reported some disappointment in the effectiveness of external collectors of the work of agency scheme with problem loans, that is, without selling. As a result, most players prefer to strengthen the banking sector's own collection service and to work with borrowers on their own as long as possible. Thus, the decision to sell was made at the time when the bank tried all ways to self-punishment. "By submitting a portfolio for the collection of collection agencies, we are always guided by economic expediency, and in 2010-2011 we were able to significantly increase the efficiency of the foreclosure process on their own" - recognizes the Director of Process Control foreclosure HCF-bank Svetoslav Emelyanov.
Longer delays in selling portfolios due to the fact that they are often given in the later stages, such as enforcement proceedings, said the vice president, head of dealing with problem assets VTB 24 Andrei Osipov. According to the "Sequoia", sold in the 2011 portfolio, the share of debt on which the banks have been obtained judgments - 45% in 2011 vs. 30% in 2010. Furthermore, there is debt, which is at the stage of enforcement proceedings, - 20% for sale in 2011 of debt, while in 2010 there was no such debt. "The introduction of loans for sale to the court decisions is also a natural trend. The crisis formed in arrears in 2011, just completed a full cycle of collection, enforcement proceeding is completed, credits obtained in many acts of impossibility of recovery from the bailiffs. Now the bank is economically profitable and technologically easier to sell a bad debt, write off as "- said the expert.
Collectors, on the other hand, reacted to the approach of banks reduced the price of purchased portfolios, explaining that the increase in the cost of their recovery. If in 2010 and early 2011, the average price of tradable portfolio is in the range 5-6% of its amount in the second half of this corridor has become much more widely - from 1% to 5%, the study says. This year, most likely, the trend is to increase the period of delay and reduce the average loan amount would continue, predicts the director to collect arrears of Alfa Bank Oleg Kogan. "The increase in term of delay indicates a deterioration of distressed debt, which negatively affect the price of such portfolios - he says .- The general background of the economy indicates that the problem debtors are less likely there will be new sources of revenue for debt repayment, which will also be taken into account when assessing portfolios of potential buyers. "
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