Here, we only have macroprudential surcharges (surcharges philippines telegram data to risk coefficients that the bank must take into account when issuing a loan. — Izvestia). They work, but through economic stimulation and are less effective for banks with a large capital reserve. Therefore, from October 1, we set them for the riskiest loans at a virtually prohibitive level — up to 900%.
The new tool is necessary
is a significant deterioration in the quality of mortgage loans. Thus, in recent years, the share of borrowers with a DTI of 80+ has more than doubled – from 20% at the beginning of the pandemic to 47% in the third quarter of 2023. The same is with the down payment: more than 50% of borrowers who took out a mortgage have a very craft engaging sms marketing campaigns for real estate low down payment, up to 20%, while at the beginning of 2020, there were less than 30% of such mortgage holders.
In addition, banks that use the IVR approach
(a model for assessing risks and capital based on internal borrower ratings. — Izvestia) have lower initial coefficients. And for them, surcharges are not as effective a tool as limits that directly limit the share of risky lending.
Therefore, it is very good that the deputies suggested that we ao lists return to the issue of using MPL in mortgages. We expect that next year we will have this instrument, and we will use it.
— Based on what risk characteristics can limits be introduced?
