The Central Bank of Russia tightens lending conditions for borrowers with high debt loads. The relevant changes will come into effect from the third quarter of 2023. area regulator.
As the Central Bank points out, the Central Bank is tightening its values, taking into account the “adjustment” of banks and microfinance institutions (MFOs) to macroprudential limits and “maintaining a stable trend in unsecured consumer loans”. Such limitations were introduced to “achieve a more balanced lending structure” and reduce the debt burden of the population.
The message states, “The macroprudential limits for the third quarter of 2023 have been reduced by 5 percentage points (pp) compared to the macroprudential limits for the second quarter.”
Earlier, it was reported to be in Russia from May 1, 2023. rose Risk ratio premiums for mortgage loans.