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

... cataclysm. The Central Bank offered banks and microfinance organizations to restructure loans, and even to forgive some. However, each case must be considered individually... ... applied to borrowers in the Irkutsk region. They were also declared affected by the flood. Whether the borrower falls under the new regulation, the clients need to find... ... located on the Black Sea coast this summer. Heavy rains and, as a result, floods hit Sochi, Anapa, Temryuk, Kerch, Feodosia, Sevastopol and Yalta. The latter was hit the...

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