The Central Bank of the Russian Federation has prepared recommendations for banks, microfinance organizations (MFIs) and collectors, which will be aimed at synchronizing the process of recovering debts from individuals with obligations to several creditors. This was announced by Alexei Chirkov, head of the regulatory department of the service of protection of consumer rights and access to financial services of the Bank of Russia.
“The regulator is interested in market participants reaching mediated intercreditor agreements,” RBC reports.
Chirkov added that banks and collectors should develop a unified methodology to collect or restructure debts from a common customer.
Earlier, the President of the Central Bank of the Russian Federation, Elvira Nabiullina, said that the Bank of Russia continues to work to return frozen Russian assets to accounts in European banks, there is a negotiating position on this question. She also noted that Russia has an airbag in unsanctioned assets.
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