The owner of the main stake in Yugra, Alexei Khotin, sent a new financial recovery plan to Elvira Nabiullina, the head of the Central Bank of the Russian Federation. The developed scheme assumes calculation with all investors and corporate clients for 5,5 years. The plan proposed by Khotin also provides for the repayment of obligations of a financial institution that emerged as a result of insurance payments on the terms of the stabilized loan rates used by the Central Bank when restoring other crediting institutions in 2015 and 2016. It is assumed that Ugra's obligations to the DIA, amounting to 170 billion rubles, will be secured by pledges and personal guarantees of the majority shareholder.

According to the plan, Ugra will not be rehabilitated through raising funds from the state budget, but at the expense of the main shareholder by providing financial assistance, and also improving the quality of the loan portfolio. "The shareholders of Yugra Bank are convinced that resolving the situation without liquidation procedures is the most constructive and most satisfying to the interests of the DIA, depositors and other clients of the bank," reads the cover letter to the Central Bank.

The proposed scheme to resolve the current situation will help satisfy 100% of the claims of creditors.