“The regulator suggested that banks and non-credit financial institutions take into account the life situation of borrowers who lost their property as a result of fires in the Krasnoyarsk Territory, Irkutsk, Kemerovo, Kurgan, Novosibirsk and Omsk Regions,” the regulator’s website says.

The Bank of Russia recommended looking for acceptable options for repaying debts or even, in special cases, forgiving credit and loan debt.

At the same time, restructuring should not be considered as a factor that worsens the borrower's credit history, the Central Bank clarified.

Earlier, Russian President Vladimir Putin signed a decree on fighting forest fires.

Deputy head of Rosleskhoz Alexei Venglinsky said that the number of fires in the regions of Siberia has doubled compared to last year, and the area covered by fire has increased by 5.6 times.

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