Injured in Krymsk receive preferential loans at 19%

 Residents will Krymsk vacation credit
26.07.2012 03:31Russian banks have developed a memorandum on the principles of its activities in relation to customers affected by the floods in the Krasnodar region./ / Alex Chusov, Julia Ukhanova, Bankir.Ru
sobitie260712_155x116_1.jpegThe document, prepared by the bankers in conjunction with the Department of Financial and Stock Market of Krasnodar Region, the banks have committed themselves to: - comply with the principles of quality customer service affected by the floods, without violating the ethical standards and business rules;- Apply an individual approach when making decisions about restructuring the debt in respect of the affected borrowers;- To consider the treatment of clients in the shortest possible time;- Roll over existing loans, allowing deferral of payments on repayment of principal;

- A moratorium on the application of penalties;- To consider the possibility of lending to legal entities, as well as small and medium-sized enterprises under the preferential interest rate for the reconstruction of business;- To consider the possibility of lower interest rates to the restructured loans;- To provide non-transportable catering clients;- Provide full debt relief for the victims credit borrowers.There are currently joined to the memorandum Krasnodar branch of Sberbank of Russia, Krayinvestbank, the bank "Pervomaysk" Bank "Kuban Credit", VTB, VTB 24, "Gelendzhik-Bank", "UralSib" Bank "Center-invest", "South-Investbank" .The Memorandum is open to accession by other lending institutions that share its principles.July 25th president of the Association of Regional Banks of Russia (Arbre), Anatoly Aksakov, addressed to the banks of Russia in connection with the flood in the Krasnodar region"The tragedy in the Krasnodar region killed more than 160 people and left thousands homeless families. Injured Russians for objective reasons, are unable to make payments under the loan agreements. In connection with this appeal to all Russian banks to urgently introduce a program of restructuring of loans people affected by floods in the future - the statement says. - Association "Russia" expresses its support to all banks that join to the memorandum, and calls on all Russian credit organizations to follow suit. We propose to draw attention to the scheme providing benefits to the affected borrowers, which suggested that the Savings Bank, - the possibility of postponing payments on credit for one year with the simultaneous increase in term lending in the same period. We believe that such a scheme would give the borrower is really sufficient to restore the life of the household and at the same time not harm the business interests of the credit institution. We offer all the banks to provide benefits to its customers affected by the same principle. "Aksakov called on the Bank of Russia for at least the third quarter of 2012, "does not require changes in the quality category of loans that are restructured or are being negotiated with the borrowers," but "when calculating the value of equity (capital) does not take into account reserves for debt restructuring dosozdannye borrowers in connection with an emergency situation, and to exclude from the calculation of the bank's capital reserve amounts formed educated on loans to borrowers with businesses and individuals affected by the emergency, in recognition of the restructured loan. ""These actions by the Bank of Russia will allow banks to promptly and timely support to borrowers affected by the floods in the Krasnodar region", - said Aksakov. The full text is published on the treatment Bankir.Ru.As it became known Bankir.Ru, several banks have already put in place favorable conditions developed for the lending institutions affected by the emergency, the borrowers of the Crimean region, Gelendzhik and Novorossiysk.Benefits for victims of floods in the Kuban borrowersBank of Preferential conditions for the flood-affected borrowers"Pervomaysky" Each borrower will be considered on an individual basis. Perhaps lower interest rates on existing loans of up to 5p.p. and the provision of deferred principal repayment for a period of OT3 to 12 months."Center-invest" Each borrower will be considered individually as soon as possible, and depending on the specific situation may be different solutions, including the restructuring of loans: lower interest rates, rescheduling, lengthening the loan term, the provision of deferred payment (up to 1 year), etc.For borrowers affected Krayinvestbank formed a special offer in which we can provide a delay in repayment of principal and interest for up to 1 year."Gelendzhik - Bank" Each borrower will be considered on an individual basis. Perhaps the use of preferential treatment, including the implementation of restructuring programs, the provision of deferred payments. For small and medium businesses - extension of up to five years, reducing the rate of 2-3%."Kuban Credit" by LE credits can be implemented restructuring programs, the provision for deferred repayment of principal (up to 6 years), the extension of credit. In the PL in the bank established a commission to study the status of each borrower living in the areas of emergencies. For each borrower is an individual decision (possibly nenachislenie penalties for failure to repay the loan, lowering interest rates, restructuring of loans with a deferment of payments)."Trust" possible delay in the payment of principal and interest up to 6 months. The issue with the parent bank to increase the delay up to 9 months.South-Investbank consider the question of debt restructuring for a period of 2 years."Renaissance Capital" A decision to suspend for 2 months arrears collection procedure for residents g.Krymsk. In the individual will be considered conditions for the restructuring of the PL."Sovcombank" Each borrower will be considered individually, are ready to offer deferred payment of principal and interest for 3 months., To write off penalties and part of the debt, refinance loans (new issue instead of the old up to 5 years and a lower percentage (19% instead of 27%))"Home Credit and Finance Bank" Each borrower will be considered individually, are ready to provide deferral of payments on principal. Instructed to stop debt collection calls. For four dead debtors will complete debt cancellation.VTB 24 will be decided whether to defer payments or other favorable terms. The possibility of restructuring the loans of up to five years, as well as cancellation penalties assessed under the loan agreements. Suspended work on the recovery of arrears.Agricultural Bank Statements affected borrowers are considered first, and as soon as possible. In the individual will be considered conditions of restructuring LE. In the PL provides the initial extension of the payment of principal and interest for up to 30 days. Also, citizens will be given to restructuring the payment of principal for up to 2 years."UralSib" Applications affected borrowers are considered first, and as soon as possible. Terms of the restructuring will be considered on an individual basis. In the PL provides for deferred payment of principal for up to one year, as well as exemption from charging penalties for late payments.Savings simplified procedure for restructuring, reduced processing times. Provide customers with deferred payment of principal and interest for up to one year, with the corresponding period of loan. May be canceled penalties accruing from the date of the formation of arrears. By LE consider the possibility of providing deferred payment for 3 months.GE Money Bank has decided to stop the collection of arrears, including through collection agencies. Perhaps the use of favorable conditions for the affected customers (including the forgiveness of all or part of the outstanding amount)BNP Paribas bank in the individual treatment of the individuals examined. Perhaps granting a delay in the payment of principal, loan restructuring
Moscow - Krasnodar._________________________________________________________________________Benefactors of the people affected will delay! Read Jesuitism and admire bankers. - "Sovcombank" Each borrower will be considered individually, are ready to provide deferred payment of principal and interest for 3 months., To write off penalties and part of the debt, refinance loans (new issue instead of the old up to 5 years and a lower percentage (19% instead of 27%)).How noble! Citizens affected by Krymsk can get loans at 19% per annum! The Europeans and the Japanese probably would not understand a wide gesture of Russian bankers, after all, there is every citizen can take credit for 3-5% per year.Only one conclusion - no matter what the tragedy in our country did not happen bankers should always be in profit.