When requesting a debt restructuring, the borrower of Bank Finance and Credit "can count on the fact that the Bank's experts pick the most appropriate set of" rescue "measures and minimize the result of the temporary insolvency of the client. According to the Deputy Chairman of the Board of Bank Finance and Credit "Igor Kopertehina:" Basically, the restructuring of requesting clients - legal entities and individuals who have the economic crisis, devaluation of the hryvnia from the end of 2008, revenues declined, and they are unable to to fully implement the terms of the loan agreement. We are sympathetic to such borrowers, because a healthy relationship between the Bank and the client - the prerequisite of further successful cooperation. " By the end of 2010 the Bank restructured 68.3 mln. clients' debts and legal persons, and 71.7 mln. credit individual clients. A prerequisite for the restructuring is the existence of the dynamics of the monthly repayments on a loan or pay off some debt at the time of restructuring. The most frequently used options for restructuring in the Bank Finance and Credit "are: the accession of outstanding loan debt to the emergency, the extension of credit for up to 5 years (depending on loan program and updated the market value of collateral), the fixation of overdue income and establishing a timetable for their redemption , translation of the classic schedule of loan repayment on the annuity and delay the repayment of the loan principal.
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