World banks have found an overcoming the crisis

The consortium from 10 largest world banks plans to create an equalization fund in volume of $70 billion for crediting of the finance companies testing an acute shortage of liquidity. However analysts are not assured that the measure will appear effective

The anti-recessionary pool is presented by the American companies Goldman Sachs, J.P. Morgan Chase, Citibank, Bank of America, Morgan Stanley, Merrill Lynch, German Deutsche Bank, British Barclays, Swiss Credit Suisse and UBS. Each of participants of a consortium will introduce to fund on $7 billion



«It seems that the largest investment banks of the world have come to a conclusion that rescue rolling - a handwork rolling, - is considered by the chief of investitsionno-analytical management" Alor Invest "Ruslan Samarin. - Besides, according to the expert, serious fears of the companies which have entered into a consortium, the strongest falling of their capitalisation causes also."Thus"the pool of bank mutual aid” will help to endure difficult times and to comfort the markets, - the analyst believes. - it not in a condition to rescue from bankruptcy of everything, however can quite stabilise position of largest "whales" of a world financial system, and soothingly work on capital market ».



The analyst «the WHALE of Finansa» Dmitry Polevoj has reminded that conversations on necessity of creation of similar fund were already led in a turn of the year. But then all and remains at the stage of discussions. «Most likely, a main objective of such application by the current moment - attempt though somehow to stabilise a situation, having declared that the largest players have no serious problems with liquidity and are ready to use accessible means for intensity decrease in the market, - the expert considers. - not a secret that mistrust on a credit market in connection with latest developments accrues.

The financial organisations in every way try to keep a situation from that when mistrust in a banking system will be thrown on private investors, and they will start to remove means from banks. But how much effective there will be a given measure in more long-term prospect? The question still remains opened».