Kreditprombank Offers Loan Restructuring Programme to Its Clients
OREANDA-NEWS. April 23, 2009. Because of reduction of payment ability of people resulted from the economic crisis, Kreditprombank offers loan restructuring programme to its clients, reported the press-centre of Kreditprombank.
Borrowers whose solvency worsened substantially because of economic situation and who are no longer able to perform their loan obligations in full, are offered different debt restructuring schedules by Kreditprombank.
The programme aimed for reduction of loan exposure of the borrower provides for different ways of problem solution, e.g.: amendment of loan repayment schedule, deferral of payments, setting of individual repayment schedule and temporary loan interest rate reduction. Moreover, the borrowers can change the currency of their loans.
Clients of the bank who found themselves in difficult situation can always rely upon the cooperation of lender, they only need to apply to the bank timely to submit necessary documents and look for the ways of problem solution.
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