The number of Bank branches in the villages of Russia will be doubled

The number of Bank branches in the villages of Russia will be doubled

Before the Central Bank’s task is to increase the availability of financial services in sparsely populated areas (with a population of less than 3 million people) by the end of 2020, twice. This “Izvestia” said the head of consumer protection and ensuring financial inclusion of the Central Bank Mikhail Mamuta.

According to him, currently, the share of settlements with number of inhabitants less than 1 thousand persons, in which there is a Bank, “estimated units of percent.”

As noted by chief managing Director of Sovcombank Andrey Spivakov, the credit institution significantly reduce its branch network from-for unprofitability of offices with a large staff.

“As a result, in small towns there is a deficit of banking services and prosperity “grey” MFIs, pawnshops and other poorly regulated and risky Kasiyanova organizations,” he explained.

The Central Bank to solve the problem I propose to introduce additional incentives. In particular, branches of credit institutions can be opened in the premises of municipalities and shops.

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