Banks is difficult to sell the property

22.10.2015 00:45
Articles about real estate | To sell collateral property banks to prevent legal restrictions The work of banks with collateral problems slow down the existing legislative and infrastructure development work with collateral. About this IAP "Capital estate" said Inna Rich, coordinator of the committee on the protection of the rights of creditors of the National Association of Ukrainian banks. "Legal problems - is unsettled mechanism for the implementation of land in the process of enforcement; problems in the tax laws in operations with the Bank's collateral on the balance sheet and its subsequent disposal; And of course, the existence of the moratorium, which prohibited the alienation of property as collateral for foreign currency loans. These legislative issues slow down the operation of banks with collateral, and that, consequently, leads to the growth of bad debts in the portfolios of banking institutions ", - said the expert.

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Content tags: Mortgages Legislation
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