Media reports on Russian ships call into Ceuta are controversial — embassyRussian Politics & Diplomacy October 26, 22:03
Russia’s telecom watchdog tries to block LinkedIn through courtSociety & Culture October 26, 21:29
DPR envoy reports no constructive discussion on "Steinmeier formula" in MinskWorld October 26, 21:14
Six NATO countries say ready to dispatch their forces to Black Sea areaWorld October 26, 20:43
Moscow refutes allegations about plans for Russian cruiser's call into Spanish portMilitary & Defense October 26, 20:38
US, Israel abstain from UN GA vote condemning Cuba embargoWorld October 26, 20:31
Western sanctions expected to relax gradually in 2017 — ex-finance ministerBusiness & Economy October 26, 20:25
Mark Zuckerberg, Bill Gates intend to see battle for world’s chess crown — FIDE chiefSport October 26, 20:24
Mi-8 helicopter lost in Russia's Yamal was running out of fuel — IACWorld October 26, 20:20
MOSCOW, December 04. /ITAR-TASS/. Arrears for Russia’s consumer loans total 435 billion rubles, Central Bank governor Elvira Nabiullina told a conference of the All-Russia People’s Front on Wednesday.
She emphasised importance of raising financial awareness of the population and of fighting “usurious interest rates.”
Any debtor should have an opportunity to solve debt problems in a civilized manner, Nabiullina said, stressing the need for adopting laws on bankruptcy of individuals.
Nabiullina said she considered it important to develop a civilized procedure of loan foreclosure, but legally this could be done only through submitting amendments to the laws on consumer crediting.
Meanwhile, the Central Bank of Russia expects that the growth rates of unsecured loans will decline by 35% in 2013.
This was not only the result of measures taken by the Central Bank, this meant that “the country’s banks also pursue a cautious policy,” Nabiullina said.
The Central Bank of Russia would introduce additional measures to protect citizens from obtrusive proposals for high-interest loans, the bank’s governor said.
Speaking of loans that had often been issued through credit cards, she said, “we need to block obtrusive issuance of such loans to consumers.