METHODOLOGY OF MANAGING THE REAL ESTATE PORTFOLIO CONSISTING OF OWN CAPITAL AND BANK ASSETS

The previous financial world crisis started in the USA with mortgage derivatives crisis made the whole world community realize the risky interrelation between the dynamics of real estate markets and global financial market. Amongst the reactions on crisis there were the raising of capital adequacy ratio and hardening the requirements towards the capital adequacy ratios evaluation internal procedure reflected in a new set of Basel III banking standards which can substantially influence the dynamics of real estate market at the expense of more conservative banking credit policy on real estate security.The Bank of Russia and all Russia banking system are also striving to upgrade according to Basel III standards and in the whole the movement along this vector can be considered successful in all the aspects of banking activity. However up to present time there is a methodological and technical lag of Russia banking system in the efficiency of managing the real estate portfolio as a constituent of bank own capital. That’s why on the basis of comparing the real estate cost share in the assets of international banking groups and Russia banks this article summarizes the Russia banks’ exposure to the risks of the real estate cost changes in comparison with international financial groups.It’s obvious that the economical efficiency of separate objects and the whole real estate portfolio consisting of own capital and bank assets constantly influences its capitalization during the whole real estate objects’ lifespan,e. from the intention to create/acquisition/lending for the usage in the Bank main activity up to the moment of takeover/liquidation. Reasoning from the given provision the article formulates the concepts system about the key aspects and risks based on principles, methods and functions of complex effective managing the real estate portfolio consisting of own capital and bank assets. The research direction of further improving managing bank real estate on the basis of calculating techniques including the monitoring actual results and real estate market forecast is also justified.

stock managing, managing the real estate, risks management, bank risks, real estate portfolio, assets portfolio management, real estate market, market cost

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