On Jun. 1, RUS CB extended reduced risk weight loans opportunities.
RUS CB extended possibility of applying a reduced risk ratio of 50% when calculating the risk concentration ratios provided that the bank builds up, until the end of 2022, a portfolio of loans and irrevocable letters of credit issued by non-financial firms (a group of related borrowers-non-financial organizations) which are over 10bn RUB.
The measure aims to facilitate the transfer of loans between banks and, in general, at maintaining lending capacity of the economy under current economic conditions.
Effectiveness
The term for applying the benefit itself according to the risk concentration standards remains unchanged - until May 31, 2025.
