RBC: banks did not support the idea of ​​disclosing the reasons for denial of loans

Thus, credit organizations reacted to the amendments to the law on consumer loans, 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.