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Economy 1 min read Source: УРА-Информ

NBU allowed banks to make loans electronically signed by the borrower

NBU allowed banks to make loans electronically signed by the borrower
photo УРА-Информ

On Tuesday, August 8, the regulator made appropriate changes to position No. 351 of June 30, 2016. As the press service of the National Bank, changes, in particular, provide:.

Consistency of approaches to accounting by banks when calculating the amount of credit risk of the value of collateral, recovery of this property, the implementation of which is limited at the legislative level;.

Definition by banks of the party in the obligation on factoring operations with regress; Clarification of requirements regarding the certification by banks of an act to control the availability and condition of collateral in the form of real estate and land plots;.

Order of evaluation of housing cooperatives.

Recall, as reported URA-Inform, the NBU changed the correction coefficients for bank collateral.

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