Bank of Russia recommends that banks restructure loans of corporate borrowers and individual entrepreneurs
In order to support businesses experiencing temporary difficulties, the Bank of Russia extended for six months its recommendations whereby banks are advised to meet such borrowers’ needs.
To encourage banks to comply with these recommendations, the regulator temporarily eased requirements for loss provisions for restructured loans of borrowers that have the potential to restore their financial standing.
Such borrowers include companies with a moderate debt burden, which have properly serviced their debt over the past six months and have provided their banks with realistic business plans for the next three years. Banks in turn should regularly check whether the actual performance of their borrowers corresponds to the planned benchmarks and make additional provisions if the borrowers fail to do so.
In addition, in 2026 H1, based on the results of discussions with banks, the regulator will consider the possibility of adjusting these benchmarks, taking into account industry specifics and the company’s size.