Wednesday, May 6, 2026

Because of the pandemic, the Russians began to refuse to repay loans

Because of the pandemic, the Russians began to refuse to repay loans
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What people burdened with loans? As it turned out, the pandemic coronavirus, the borrowers have informed the banks about the inability to pay debts. Some of them delay or reduce salary, whose company suspends operations indefinitely, someone refers to the isolation, fear to go outside or even says that is sick. Yes, such examples are few, but they are. It is not only about reducing the solvency of the Russians on the background of the epidemic. And not only about the risks for the consumer lending market. Coronavirus, undermining the foundations of the human world, poses intractable challenges to all banks, their customers, the Central Bank, the current banking legislation.

The Kremlin hopes that the banks will establish a system for issuing preferential loans for businesses

The Kremlin hopes that the banks will establish a system for issuing preferential loans for businesses
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According to Peskov, in a short time the system will be maintained and the business will receive timely support

The Central Bank has advised the insurers to enter into insurance without diagnostic card

The Central Bank has advised the insurers to enter into insurance without diagnostic card
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To obtain these documents can be provided that will provide them not more than a month after the lifting of restrictions on coronavirus

The price of Russian Urals oil dropped to the lowest since June 1999

The price of Russian Urals oil dropped to the lowest since June 1999
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Now its price is 16.2 dollars per barrel