The Central Bank wanted to limit the volume of issuance of certain types of loans. The relevant bill was introduced to the State Duma by deputies Anatoly Aksakov and Igor Divinsky, the document was published in the system of providing legislative activities (CRED).
In the event of the adoption of the Central Bank of the Central Bank, it will be possible to limit the volume of issuance of specific types of loans in order to prevent the accumulation of risks of borrowers. The main limitations will affect individuals.
In particular, they will be able to limit the issuance of all types of loans, except for automotive and mortgage. A new measure and microloans will spread.
The restrictions do not mean a complete ban on issuing certain types of loans. Separate limit parameters will establish the management of the Central Bank. Prescriptions will be issued not to the banking system as a whole, but separate credit and microfinance organizations (MFIs).
Central Bank has already performed with a similar initiative in 2019, when the growth of unsecured lending was recorded in Russia. However, until now, the regulator did not have such an opportunity.