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THE CENTRAL BANK PROPOSED TO CHANGE THE STRUCTURE OF THE MICROFINANCE MARKET

... proposed to be carried out in the next three years. According to the press service of the Bank of Russia, today one of the main problems of the sphere is low confidence in microfinance... ... goods. "The main changes will affect the market of the most expensive consumer loans," the Central Bank said. Today, the regulator explains, a large volume of... ... interest is transferred to the body of the new loan. Thus, Russians find themselves in a debt spiral. The Central Bank proposes to make a limit on the number of simultaneously...

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