At the Finopolis forum, First Deputy Chairman of the Board of Directors of Sberbank Alexander Vedyakhin said that Sber supports this move to ensure that assistance to a client with multiple loans can be guaranteed.
“At the same time, we consider it important to take into account the market balance of the interests of the parties to the transaction – debtors and their creditors, creditors among themselves,” Vedyakhin said.
According to him, Sber began to implement a comprehensive solution in 2022, today the bank cooperates with 11 other credit institutions and the total transaction portfolio is almost 4 thousand.
Vedyakhin noted that this initiative will help solve the customer’s problems on a “turnkey” basis, avoiding situations where each lender can carry out one-time restructurings separately from each other or reject the borrower due to high credit burden.
“The next important step that needs to be taken so that the product can be developed properly is to digitalise the service so that the service can be easily delivered and maintained for both customers and participating banks. We also invited microfinance institutions and collection agencies to dialogue on product development. We are examining all possible transaction plans that may be important to our clients,” said Vedyakhin.
The complex solution is one of the new products on the financial market that allows individual customers to restructure various loans received from different banks.