CBR took additional measures to support the mortgage market
The regulator has adjusted the procedure for calculating allowances for risk factors
Because of the pandemic, the Russians began to refuse to repay loans
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.
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