38.03 01 Finance and credit. The Central Bank proposed to limit consumer loan rates. Results of research activities

The Central Bank proposes to limit the rates of consuming and loans 1% per day. Such measures can cause a painful blow to the microfinance market, representatives of the industry are considered: 95% of players lend today on more high rates

Photo: Mikhail Resurrection / RIA Novosti

Not more percent in a day

The Central Bank proposes to limit the bet on loans and loans 1% per day, the amendments prepared by the regulator consumer credit (loan) "and" On microfinance activities and microfinance organizations. " RBC got acquainted with the version of the draft law proposed by the regulator to the second reading, the authenticity of the main provisions of the document was confirmed into the Central Bank.

According to the proposals of the Central Bank, restrictions should earn from July 1, 2019. Until that time (from the moment of adoption of the law), the restriction will be set at 1.5% per day. The document also notes that the consumer loan rate on any day of use of the loan can not be more than a third to exceed the calculated Central Bank the average value of the full value of the cost of consuming.

The average value of the total value of the value is determined by the Central Bank quarterly as the weighted average value of the total cost of the loan, calculated on 100 largest creditors (by the amount of loans issued for the previous quarter). The Central Bank defines the average market values \u200b\u200bof the total cost of loans in five categories: credit organizations, microfinance organizations, credit consumer cooperatives, agricultural credit consumer cooperatives and pawnshops.

Amendments to the laws "On Consumer Credit (Loan)" and "On Microfinance Activities and Microfinance Organizations" in the first reading were taken back in November 2017. In the first version of the document it was assumed that for consumer credits And loans for up to one year percentages and fines cease to be accrued after their amount reaches the one-hour size of the loan amount. In prepared CB changes, this measure remained, but the regulator proposes to introduce restrictions through the transition period. Until July 2019, the size of fines and interest on the needs of the Credits is planned to limit the 2.5-fold amount from the initial loan, and since July 2019 until July 2020 restrictions will constitute a two-time loan.

Now the Law "On Microfinance Activity and Microfinance Organizations" implies restrictions for MFIs to charge interest and fines at the moment when their total amount Three times higher than the loan amount.

One of the initiators of the draft law, the first deputy chairman of the Federation Council Committee on budgets and financial markets Nikolay Zhuravlev, said RBC, which supports amending both in terms of limiting 1% per day and to clarify transition period With a stringent approach to interest accrual and fines. According to him, this issue is discussed from the Central Bank, the Ministry of Finance and the State Duma for a year and in the Council, they hope that the amendments will be accepted already in November.

Against old business models

The press service of the Central Bank explained RBC that the proposed measures strengthen the security of microfinance organizations. The measures proposed by the regulator affect not the entire market of microfinance organizations and not even the entire loan segment before salary (Pay Day Loans, PDL). The measures are aimed at restraining the growth rates of only those companies that receive profits through work at the limiting values \u200b\u200bof the full cost of the loan, abuse refinancing and prolongations, do not conduct a qualitative examination of credit risks and provide loans to those customers that are unable to serve them. "For such companies, work will be unprofitable for old business models," emphasize in the Central Bank. Those who cannot and will not want to change the approaches to their business will leave the market, warned the Bank of Russia.

However, "to keep the opportunity for citizens to quickly get into debt small sums For a short period of time, "the Central Bank will not spread restrictions on unsecured loans no more than 15 days and no more than 10 thousand rubles. For such loans, an exception will be made under the observance of several reservations: if the loan amount does not extend or increase, the amount of accrued interest and fines does not exceed 3 thousand rubles. When issuing a loan by 10 thousand rubles. etc.

According to Dmitry Janin, the chairman of the Board of the International Confederation of Consumer Societies (confede), Dmitry Yanin, proposed by the Central Bank of Measures are close to regulating the PDL segment in the UK, where the bid limitations are 0.8% per day, and the limitations of the ratio of the loan amount and the amount of interest and fines - one to one . Despite the fact that the size of the day rate (large enough) can be discussed, the approach itself is for russian market MFI - revolutionary, because before that, nothing effective in regulating the MFIs of the Central Bank did not offer, Janin believes. As a result, the market of the most dangerous microloans Ros to double-digit pace (20-30% per year). The expert is confident that the proposed restrictions will stop the growth of the market of the most toxic loans - in the amount of up to 30 thousand rubles. For up to 30 days (the rate on them is the highest, for the fourth quarter of 2018, the allowed Central Bank The rate on such loans was 841% per annum). The decision of the Central Bank can be negatively perceived by some market participants, allows Yanin, because it may mean the revision of the business model for them (now many MFIs issue loans to everyone).

For the MFIs market, the proposed Central Bank measures are ambiguous, the general director of MAI Fanny MFIs, Alexander Shustov, believes. According to him, the adjustments from the regulator can return the market into a situation of 2010-2011, when the microfinance industry was actually not, and there were only gray lenders. For MFIs operating in short-term consumer loans and PDL segments, the Central Bank Measures look unproductive, adds shusts. As a result of increased regulation, the market concentrates, but even major players will soon be able to work in the consumer segment, it is sure. In the "Manya Fanny" in the light of the legislation, there was a diversification of the portfolio and began working with small and medium-sized businesses, told Shustov.

100 billion briefcase

• 95-97% of all MFIs issue bid loans above 365%, RBC reported to the Bureau credit stories Ekvifax.
• Now full value The loan (PSC) in microfinance organizations for the first time since the beginning of 2016 demonstrates a distinct tendency to decline, noted in the company.
• So, in the second quarter of 2018, the average value of the PSK decreased by 21 percentage points. From 576% in the first quarter, until this time, this indicator has steadily grew over two years, putting all new records from the quarter to the quarter, they speak Equifax.
• According to the credit bureau, the MFI portfolio at the end of September amounted to 112 billion rubles. (For three months, increased from 98.5 billion rubles), the total number of loans is 7.3 million with an average amount of 15 thousand rubles.

With the participation: Kirill Sirotkin

Research activities in the direction of training 38.03.01 "Economics", finance and credit

Activities held in research activities

• Student conference "Alternative models for the development of the Russian economy" within the framework of the knowledge day. The base of the "Department" Finance and Credit "; Joint Master's Conference of Training Direction 38.03.02 "Financial and Anti-Crisis Management" 1 course and students of 3 courses 32 Groups 38.03.01. Directions "Economy" Profile "Finance and Credit", February 2017
• VIII-Aya Interuniversity Annual Scientific and Practical Conference of Graduate Students, Students and Cadets " Modern tendencies and prospects for the development of water transport of Russia. " Speech with a report and publication of an article in the collection of students 32 Groups Participants: Skyrovakov Dmitry, Ryuzin Maria, coast Valeria, Sukhareva Alina, Voronina Anastasia, Dashkevich Daria, May 17, 2017
• Student conference "Problems and prospects of insurance in Russia: risk management." The base of the "Department" Finance and Credit "; Groups 31,32,33 - December 27. Following the conference, the wall newspaper
• Student conference "Formation of credit and deposit policy commercial Bank in modern conditions" The base of the "Department" Finance and Credit "; Groups 32,21,22 - April. Following the conference, the wall newspaper
• Student conference "Prospects for Russia's investment growth": Answers and challenges in a crisis. The base of the "Department" Finance and Credit "; Joint Master's Conference of Training Direction 38.03.02 "Financial and Anti-Crisis Management" 1 course and students of 3 courses 32 Groups 38.03.01. Directions "Economics" Profile "Finance and Credit"

Results of research activities

Scientific publications

Scientific publications of PPS 2014-2017

Participation in conferences, symposia, exhibitions

Educational and methodological manuals

By the time I started, I already occupied the position of I.O. The head of the department of organizational development in the JSC "Mining and Metallurgical Concern" Kazakhstanity "(Kazzoloto), which is engaged in the exploration, mining and processing of ores containing precious metals.

My Division is developing regulatory and methodological documents (instructions, positions) for the enterprise, forms annual financial statements (ESSO) unified systemAnd learning to FDO in a professional plan helped me a lot. I graduated from Tusur in 2011 with a red diploma.

I am immensely grateful to your teachers with FDO! To read

In the modern, dynamically developing world, the deposit of success is continuous development. However, it is often enough difficult to find the possibility of obtaining serious basic education, which combines this process with the main labor activity. For me, the optimal solution was distance learning in Tusura.

By developing economic System And in parallel learning in Tusura, I went through my company the path from the younger developer to the leader of the developers team. I am confident, the knowledge gained by me in Tusura helped and will help me further professional activity. To read

About the Faculty of Distance Learning, I learned from my friend, who suggested to me that in Kyzyl there is an office of the FDO Tusur regional partner, which can advise on receipt and help arrange documents. I liked to learn remotely - I do not need to go beyond the limits of my native region, there is no need to pay for tickets and a hotel, as at sessions in training in absentia.

I did not meet any particular difficulties in the process of study, I received new knowledge with pleasure. I wish you success and further flourishing FDO Tusur!

Before entering the Faculty of distance learning Tusura, I was engaged in management in practical medicine, but in the context of reforming and transitioning health care market relationsI had a need for additional economic knowledge. Distance learning In Tusura, without separating from production to receive versatile knowledge and improve the qualifications, acquire practical skills in the field of information technology, immediately applying them in their work.

During the training, together with the teachers of the Department of Economics, we have developed a number of business projects that have already been implemented and successfully function in medical institutions.

After receiving a diploma, I work as a deputy chief doctor economic issues. I understand that in Tusura, I have acquired not only knowledge and skills, but also the ability to threaten and progressively think, the ability to analyze and make decisions.

I want to express tremendous thanks to teachers, FDO employees for professionalism and wish them all the best! To read

Annotation of the main educational program of the Profile "Finance and Credit"
undergraduate directions 38.03.01 "Economy"

Direction of training: 38.03.01 Economy

Profile name: Finance and credit

Received qualifications: Bachelor of Economics

The term of mastering the main educational program: 4 years

Name of the released department: Department economic Analysis, statistics and finance.

Directions of professional activity, possible place of employment.

Graduates of the Finance and Credit Profile receive a complex of knowledge in the field:

state and municipal finance;

investment;

banking;

cash circulation;

insurance;

financial management;

financial analysis;

market valuable papers and stock exchange;

financial markets;

taxes and taxation;

Bachelor's profile "Finance and Credit" prepared for professional work in: state bodies federal, regional and municipal level; banks, financial and insurance and investment companies, in the securities market, at the institutes of collective investment, financially economic services enterprises and organizations of all forms of ownership of positions requiring higher economic education, according to the qualifying directories of managers, specialists and other employees.

The graduates of the profile receive the necessary and sufficient preparation for entering the company "Finance and Credit", "Management", ready for teaching work in higher, secondary special institutions and an additional education system; The basis of theoretical knowledge and practical skills that will allow them to subsequently participate in scientific research and development in the field of finance and loan. Knowledge obtained in the learning process comply with international standards.

At the end of training, graduates of the Finance and Credit profile may continue their studies in leading European and American universities to obtain a degree "Master."

The main disciplines of the curriculum: In addition to fundamental economic disciplines, the courses forming the specifics of the profile include: corporate finance, investment, banking, the analysis of the business bank, the methods of financial and credit calculations, international monetary and credit relations, state and municipal finance, securities market and stock business, financial markets, insurance, management analysis, financial accounting, management accounting, international Standards financial statements, Audit, Financial Management, Tax Management, financial economy, finance history, economic security, Finance statistics and others.

Competence model of graduate. The graduate of the "Finance and Credit" profile must have the following professional competencies:

It is able to analyze and interpret financial, accounting and other information contained in the reporting of enterprises of various forms of ownership, organizations, departments, etc. and use the information received for the adoption of financial management decisions;

Able to perform the necessary for compiling financial sections business plans calculations, justify them and submit the results of work in accordance with the standards adopted in the organization;

Able to select instrumental tools for processing financial indicators in accordance with the task, analyze the results of the calculations and substantiate the findings obtained;

Capable of describing financial processes and phenomena to build standard theoretical and econometric models, analyze and meaning interpret the results obtained;

Able to develop strategic financial plans for the development of enterprises and organizations;

Able to effectively use financial planning methods;

Able to effectively use the methods of analyzing and managing investment;

Able to effectively manage financial and credit institutions and enterprises effectively real sectors economy;

Able to effectively use financial risk management methods;

Able to manage state and municipal finances;

Able to effectively apply international financial reporting standards;

Can effectively use tax management methods.

Economy (Profile Finance and Credit)- This is an educational program forming competences in students, allowing themselves to solve the challenges in the field of financial management of economic entities of the economy.

Professional skills:

• analyze the activities of the enterprise;
• develop economic action schemes for the future to save and reduce costs, identify reserves;
• build competent economic policies development.

Advantages of education

Classical financial economic education, allowing graduates to be employed in the organizations of the financial sector of the economy, entrepreneurial structures, state authorities, tax authorities and others. Training takes place not only in the audiences of the university, but also in organizations that are strategic partners of the VGUES.

The relevance of education

The diploma of the economist guarantees employment, material security, career growth and professional development. The economist works in strategic, planned-economic, financial, investment departments of administrations of all levels budget system; in financial services and analytical units of financial institutions; in consulting companies carrying out management and financial consulting; in assessment companies; in financial and analytical agencies and centers; in the Federal Treasury; In banking institutions.

Features of the implementation of the educational process in the VGUES:

• highly qualified faculty (candidates and doctors of sciences, practitioners specialists, honorary workers of higher professional education);
• organization production practices at leading enterprises and in organizations of the city of Vladivostok and Primorsky Krai;
• a practical oriented learning model recognized by leading universities in the world in order to acquire experience of professional and business activities at the enterprises of the real sector of the economy in the process of studying at the university;
• the presence of a business incubator - platforms for the implementation of student business projects;
• comprehensive provision of opportunities for students in acquiring competencies, allowing them to be successfully implemented in modern society and in the labor market;
• the use of educational technologies ensuring a high level of quality of education;
• the formation of the social status of the personality of the studying as a complex of moral principles of behavior and activity, system of professional values \u200b\u200band installations;
• achieving the synergistic effect of knowledge and skills, consciousness and culture, values \u200b\u200band professionalism;
• the use of a mixed learning model by using the Moodle e-learning environment;
• use of e-learning technologies (full-time classes + independent work students with electronic training courses and other educational resources posted in the Educational Environment of the VGUES).