The Bank of Russia has tightened the conditions for issuing housing loans by consumer credit cooperatives (CPC) and agricultural credit consumer cooperatives (ACCC) from October 1, 2023. RIA News.
Now, the loan volume for housing purchases must not exceed 15 percent of the total loan amount given in the last four quarters. The draft also includes a further tightening of up to 12.5 percent from January 1, 2024.
Earlier, Central Bank governor Elvira Nabiullina at the International Banking Forum statedHe said that the Central Bank is concerned about the quality of consumer loans given.
Starting from September 1, the Central Bank of the Russian Federation has tightened the requirements for unsecured loans (consumer loans and credit cards). The regulator has increased so-called risk premiums for unsecured loans.
Previously recognizedStarting from October 1, it will become more difficult for him to get a mortgage in Russia.
Source: Gazeta
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