Although declaring the bank insolvent does not terminate loan agreements, the absolute majority of borrowers – up to 95%, just refuse to repay their loans, the Fund’s press office reports.
As noted, even those consumers, who diligently discharged their liabilities before the liquidation, stopped discharging them after liquidation.
“Maybe, somebody thinks: “when the bank is liquidated, everybody will forget about the borrower, and the debts will be written off”. It is not so! Everybody, who took out loans, must repay them. Because these are the assets of the bank, and the funds, obtained from their repayment, are directed for satisfying lenders’ requirements”, Fund’s Deputy Managing Director Svetlana Recrut said.
The Deposit Insurance Fund encouraged the borrowers to repay their loans.
