Search

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

... 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 Bank confirmed the information and said that this was not the first time that such a practice is used in natural disasters.... ... a year and a half ago, this measure was 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 out with their financial institutions. To ...

Sorted by relevance | Sort by date