The government has calculated how much it will be limited to the salvation of the inhabitants, who had the carelessness to take out a loan to buy a home in a foreign VCS. According to calculations, the decision to convert their debt at the exchange rate on October 1, 2014 will cost the banks 65 billion.
According to reliable information source of "Interfax" in the government, specifically this assessment led to the meeting of the Cabinet of Ministers of the Bank of Russia. According to the government project, the conversion of credits must be at the exchange rate on October 1, 2014, when the official rate of the dollar was 39,38 rubles and Euro - 49,98 RUB.. It is much lower than today's rates (dollar 60,66 roubles, Euro - 65,52 rubles).
The interviewee also told that certain categories of cash mortgage borrowers can be integrated in a joint programme support to food in difficult economic situation. Before such a program with a volume of 4.5 billion was announced by the Ministry of construction and housing in conjunction with the Agency for housing mortgage lending.
The sudden appreciation of the dollar and the Euro in recent months, the past year has put thousands of domestic currency food on the brink of disaster - service their debt has doubled. After countless applications of affected citizens, the government and the Bank of Russia went to meet them and encouraged banks to consider restructuring cash mortgages issued before January 1, 2015, including its conversion into rubles.
With all this, the banks themselves are not keen on the idea of group transfer money mortgages in ruble under the scheme, insisting on personal and social circumstances. Then the flow of funds of the banking system will be 4-10 times lower than that prescribed them.
It should be noted that spending approximately billion euros at today's exchange rate will cause banks relatively small part of the food - share cash loans in the total mortgage portfolio of banks of Russia according to the results 2014 amounted to 3.5%.