The Bank of Russia for the first time changed the status of one of the existing microfinance institutions with microcredit to microfinance company (IFC). On Thursday, November 3, stated in message controller.
IFC can issue bonds, raise funds of citizens in the amount of 1.5 million rubles, and also to issue to a single borrower consumer loans in the amount of up to one million rubles, the report says. Microcredit companies (ICC) are permitted to have a single borrower consumer loans for a total amount of not more than 500 thousand rubles, and it is forbidden to borrow from citizens who are not their founders.
According to the head of the main Department of microfinance market and financial inclusion methodology of the Central Bank Ilya Kochetkov, the changes introduced to implement proportionate regulation of the microfinance market.
All microfinance organizations, details of which are contained in the state register on that date, were recognized by the ICC and are obliged to March 29, 2017 to bring its name into compliance with the requirements of the law, noted the Central Bank.
The status of the microfinance companies to organizations with own capital of not less than 70 million rubles and submitted to the Bank of Russia is required to obtain the status of IFC documents.
31 of October, the National Bureau of credit histories reported about the occupations with the highest debt load. This guard (30.8 percent), driver (28.5 percent) and social workers (26.9 per cent).
25 Oct the Bank of Russia developed the requirement that microfinance institutions will be obliged to check their clients ' capacity to pay.
At the end of September, the newspaper "Kommersant" wrote that the market of microfinance organizations could leave almost a third of the players.