the Meeting in the video was held under the chairmanship of the speaker of the state Duma Vyacheslav Volodin.
Nabiullina said that the Bank of Russia expects the growth of arrears and bad loans in the current economic situation. She recalled that a large volume of loans will be restructured in the framework of vacation credit, and in the framework of the programs of banks.
And now the most vulnerable borrowers, whose incomes plummeted – this, of course, citizens, she continued, according to our estimates, more than half of the banks ‘ borrowers.
these include the majority of small and medium enterprises and companies of affected sectors, said the head of the regulator.
According to preliminary estimates, the total for these groups of borrowers accounted for about 19 trillion rubles, or about one-third of the total loan portfolio.
Russian banks through the restructuring of loans, says Nabiullina, help to absorb losses of the economy. However, further expansion of their support of borrowers in its assessment, can lead to increased risks for the financial system. Banks can not increase lending in the future, warned the Chairman of the Central Bank.
And if they fail to increase lending, when the epidemic starts to decline, the economic recovery will be delayed, she said. – Therefore, in our opinion, of course, at this stage it is important extension of mechanisms of direct support of citizens and businesses from the state to avoid such development of events.
Nabiullina believes that in the current situation, banks should take responsibility to preserve its capital and limit for the payment of bonuses and dividends. Because, in her words, “it is necessary to support the airbags and to use it in order to alleviate the situation for borrowers, and new loans”.
