The Central Bank recommended that banks restructure the debts of flood victims

The Central Bank recommended that lenders and insurance companies provide assistance to those affected by the recent floods. Lenders are recommended to accept applications for loan holidays from victims in a simplified manner. The regulator recommended that banks restructure the debts of the victims up to full repayment in special cases. The Central Bank also recommended that banks not foreclose on the mortgaged property of the victims.

“The regulator suggested that insurers provide a deferment to those clients who pay for policies in installments. They can also notify their clients of their right to apply for payment and tell them what they need to do to do this,” the statement says. message. Insurers are also recommended to simplify and speed up the settlement of losses under insurance contracts for victims.

The Central Bank also recommends that lenders and insurers create a separate communication channel to communicate with flood victims.

A number of Russian regions suffered from severe floods. A regional emergency regime has been introduced in the Orenburg region. Currently, 554 houses and more than 2.7 thousand household plots are flooded in the region. The authorities of the Altai Territory, the Kurgan Region and the Bolsheglushitsky District of the Samara Region also introduced a state of emergency.

April 9 in Kurgan announced preventive evacuation of residents of four microdistricts and several gardens. In Orenburg Orsk, water flooded several areas after a dam broke. In total, 34 regions were affected by floods.

How Orsk is surviving the flood – in a Kommersant report “”The picture is bad there now, it’s not worth swimming unless necessary…””.

Evgeny Belousov