Consumer loans will give all and sundry

Banks Finansy04-09-2007 Consumer loans will give all and sundry new version of the bill on consumer credit "derives from the supervision of the Central Bank of nonbanks that may create new fraud and" gray "credit schemes. The fact that the current version of the draft law the Ministry of Finance proposes to extend only to credit institutions, ie banks. According to market participants, the adoption of this bill could trigger the emergence of an alternative system in the country lending to households, acting not through banks. "Limited Liability Company, whose members include banks, have the right to enter into loan agreements with individuals, - said in an interview with the newspaper" RBC Daily "Counsel law firm of Private Law", Olga Petrichenko. - So in the case of adoption of this bill possible growth potrebkreditovaniya through non-credit institutions. " Moreover, in its current form the bill gives the benefits of non-credit institutions, I am sure the bank's head of legal department of the Home Credit and Finance Bank "Alexander Gontarenko. According to him, he "will bring them out from under the strict supervision by regulatory authorities, will encourage the emergence of various semi-legal" credit schemes.