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CENTRAL BANK MAY FORGIVE DEBTS OF PEOPLE AFFECTED BY A FLOOD IN THE SOUTH OF RUSSIA

... Central Bank says that the financial institutions will not collect the pledged property. These measures will not affect the credit histories of borrowers. Therefore, there should be no difficulties for clients with new loans in the future. The Central ... ... document certifying the loss of property, business, income, etc. should be attached. Let us remind our readers that a destructive element has come to a number of resort regions of Russia located on the Black Sea coast this summer. Heavy rains and, as a result,...

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