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Post: Media: Central Bank urges collectors and banks to coordinate debt collection from Russians

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The building of the Central Bank of the Russian Federation in Moscow. archive photo

RBC: Central Bank offers collectors and banks to synchronize debt collection from Russians

MOSCOW, April 22 – RIA Novosti. The Central Bank of Russia has prepared recommendations for domestic banks and collectors. red blood cell Aleksey Chirkov, Head of the Regulatory Department of the Service for Protection of Consumer Rights and Ensuring Accessibility of Financial Services of the Central Bank.

“The regulator deals with market participants entering into creditor agreements. They must provide a unified approach to the recovery or restructuring of a common client’s debts,” he said.

According to Denis Kuznetsov, head of Retail Collection and Liquidation of Sberbank Troubled Assets Department, 35 percent of Russian borrowers have at least two loans with different banks. In such cases, creditors begin to compete, causing some to rush through the courts to collect their debt, while others offer to negotiate and prepare to provide restructuring.

Earlier, State Duma deputies from the LDPR fraction proposed a ban on the activities of collection agencies and the involvement of creditors in working with debtors of third parties.

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