CBR - Central Bank of the Russian Federation

08/10/2026 | Press release | Distributed by Public on 08/10/2026 06:30

Bank of Russia advises lenders to support entrepreneurs affected by terrorist attacks

Small and medium-sized enterprises that have suffered from the terrorist attacks on logistics centres, warehouse, production, trade, office, and other facilities will have an opportunity to have their loans and microloans restructured. This follows from the Bank of Russia's information letter.

The regulator advises lenders to approve restructuring applications of these borrowers whether they have the right to loan repayment holidays by law or not and treat such a restructuring as an independent measure to support business.

Lenders are recommended to refrain from charging late payment fees and penalties and demanding early repayment of outstanding loans. If lenders change the terms of loan agreements, they are advised to inform borrowers about new payment schedules as soon as possible.

The Bank of Russia emphasises that the restructuring shall not deteriorate entrepreneurs' credit histories.

Preview photo: Art Preview photo / Shutterstock / Fotodom
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