Banks opposed the initiative of the deputies to oblige them to disclose to their customers the reasons for refusing loans, RBC reports with reference to a letter from the Association of Russian Banks to the head of the State Duma Committee on the Financial Market Anatoly Aksakov.
Thus, lending institutions reacted on amendments to the law on consumer credit, introduced in October by the parliament of Kalmykia.
The initiative proposes to oblige lenders to give failed borrowers a reasoned explanation with the reasons for refusal. As the authors note, Russians often have no idea why they are refused, and after the amendments are adopted, they will have the opportunity to eliminate the cause.
ADB insists that additional knowledge will not give borrowers anything, while a change in practice will create risks for banks.
Earlier, the banking sector specialist Sergei Grigoryan assessed the situation with lending in Russia.
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