Central Bank began to “turn” coronavirus relief in the banking sector. It is reported by RIA Novosti.
It is noted that from July 1, the recommendation on the restructuring of loans affected by coronavirus to citizens and small and medium businesses, which was extended several times. Against the background of the rapid restoration of the economy, it was decided to cancel the data of the relaxation.
In addition, by the beginning of next month, banks will have to form reserves for possible losses on loans that were provided to individuals and small and medium-sized businesses, and then restructured due to a pandemic. At the same time, some relaxation for credit institutions will continue to act until the end of the year.
At the end of March, the Russians promised a wave of bankruptcies due to the abolition of the central bank of the part of coronavirus elevations. “People who could not fix their financial affairs during the coronavirus pandemic will be beyond the bankruptcy”, “said Member of the General Council of” Business Russia “Anton Lyubich.