Central Bank of Russia recommends restructuring of borrowers’ loans by the end of 2023

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The Central Bank of Russia advised credit institutions to restructure their loans and not to forcibly evict borrowers from their homes until the end of 2023. Information about this press service of the editor published on your site

It was announced that the Central Bank of Russia recommended that creditors not demand penalties (penalties and fines) from debtors until December 31, 2023 and restructure loans according to restructuring programs. At the same time, the restructuring should not affect the credit history of the borrower.

At the beginning of March, the regulator announced On new measures to support citizens and creditors against the backdrop of Western sanctions against Russia.

Also banks and microfinance institutions suggested Suspend procedures for forced eviction of debtors until 31 December 2022.

before 30 November reportedThat deputies from the United Russia party submitted to the State Duma for consideration amendments prohibiting the arrest of money from the accounts of participants in a special military operation in Ukraine.

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