The Bank of Russia allowed banks not to worsen the assessment of the financial situation or the quality of their loans, until the end of 2024, military personnel and their families participating in a special operation in Ukraine. This is specified information letterpublished on the editor’s website.
“In order to reduce the regulatory burden on credit institutions and to maintain the availability of loans to military personnel and employees, family members of military personnel and employees, the authorized governing body (body) of a credit institution until January 31, 2024, in the grace period, shall ensure that the financial condition of the borrowers of credit institutions and (or ) may decide not to worsen the assessment of the quality of debt service and (or) the quality category of collateral and (or) the quality category of loans. CBRT, other assets and contingent liabilities in the nature of loans” made a statement.
Federation Council earlier in the day approved the law on maximum measures of social support by the spouses of soldiers killed in a special military operation (SVO). Spouses of unmarried military personnel will receive the maximum measures of social support after the death of a spouse, regardless of the composition of the family in which they live.