So, it is supposed to provide credit organizations with an opportunity until September 30, 2020 not to worsen the assessment of the quality of debt services regardless of the assessment of the financial situation of the borrower from the tourism and transport sectors on loans restructured due to a decrease in the borrower's income against the background of the spread of coronavirus infection.
The Central Bank intends to introduce a reduced risk coefficient of 70% for loan claims denominated in rubles to organizations producing drugs and medical devices for the period until September 30, 2020.
It is also planned to reduce to zero the risk factor premiums for foreign currency loans to organizations producing medicines and medical devices for the period until September 30, 2020.
Russian Finance Minister Anton Siluanov said that the consequences of the spread of coronavirus infection COVID-2019 in the world affect the Russian economy. In particular, a decrease in imports from China and a partial cessation of flights leads to losses. The Minister emphasized that due to the reduction in the volume of imports and import duties, "we lose about one billion rubles a day."
As the deputy chairman of the Central Bank Ksenia Yudaev previously said, the direct impact of the situation with coronavirus on the Russian economy is minimal.
According to her, there is “an indirect effect through a change in the situation in other countries.” All response tools for financial stability “have long been developed” and “repeatedly used before”.
As a result of infection with a new type of coronavirus infection COVID-19 in China, 3136 people died. The total number of infected throughout the country amounted to 80.7 thousand. It is clarified that the number of recovered has reached 59.8 thousand.