April 10, 2020

 Take credit whenever you want, i.e. new rules for granting retail loans

In the autumn of last year, a draft amendment was presented, which allows the application of simplified creditworthiness rules, but to a limited extent. According to the GFI statement, in the final recommendation, this limit was increased to four times the average wage. Simplified rules may apply to all banks, but the GFIC wanted to promote banks with high equity. Proposed that only simplified institutions In October last year, they proposed that only simplified institutions with a capital adequacy ratio exceeding 12 percent and meeting all norms p could use the simplified rules Liquidity imposed by banking supervision. The described changes in the lending path apply to the following financial…