INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of July 18, 2019 No. 5211-U

About modification of the Provision of the Bank of Russia of June 28, 2017 No. 590-P "About procedure for forming by credit institutions of reserves on possible losses according to loans, the loan and equated to it debt"

1. Based on Articles 62, 69 and 72 Federal Laws of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" (The Russian Federation Code, 2002, No. 28, Art. 2790; 2003, No. 2, Art. 157; No. 52, Art. 5032; 2004, No. 27, Art. 2711; No. 31, Art. 3233; 2005, No. 25, Art. 2426; No. 30, Art. 3101; 2006, No. 19, Art. 2061; No. 25, Art. 2648; 2007, No. 1, Art. 9, Art. 10; No. 10, Art. 1151; No. 18, Art. 2117; 2008, No. 42, Art. 4696, Art. 4699; No. 44, Art. 4982; No. 52, Art. 6229, Art. 6231; 2009, No. 1, Art. 25; No. 29, Art. 3629; No. 48, Art. 5731; 2010, No. 45, Art. 5756; 2011, No. 7, Art. 907; No. 27, Art. 3873; No. 43, Art. 5973; No. 48, Art. 6728; 2012, No. 50, Art. 6954; No. 53, Art. 7591, Art. 7607; 2013, No. 11, Art. 1076; No. 14, Art. 1649; No. 19, Art. 2329; No. 27, Art. 3438, Art. 3476, Art. 3477; No. 30, Art. 4084; No. 49, Art. 6336; No. 51, Art. 6695, Art. 6699; No. 52, Art. 6975; 2014, No. 19, Art. 2311, Art. 2317; No. 27, Art. 3634; No. 30, Art. 4219; No. 40, Art. 5318; No. 45, Art. 6154; No. 52, Art. 7543; 2015, No. 1, Art. 4, Art. 37; No. 27, Art. 3958, Art. 4001; No. 29, Art. 4348, Art. 4357; No. 41, Art. 5639; No. 48, Art. 6699; 2016, No. 1, Art. 23, Art. 46, Art. 50; No. 26, Art. 3891; No. 27, Art. 4225, Art. 4273, Art. 4295; 2017, No. 1, Art. 46; No. 14, Art. 1997; No. 18, Art. 2661, Art. 2669; No. 27, Art. 3950; No. 30, Art. 4456; No. 31, Art. 4830; No. 50, Art. 7562; 2018, No. 1, Art. 66; No. 9, Art. 1286; No. 11, Art. 1584, Art. 1588; No. 18, Art. 2557; No. 24, Art. 3400; No. 27, Art. 3950; No. 31, Art. 4852; No. 32, Art. 5115; No. 49, Art. 7524; No. 53, Art. 8411, Art. 8440; 2019, No. 18, Art. 2198; No. 23, Art. 2921; No. 27, the Art. 3538), article 24 of the Federal law "About Banks and Banking Activity" (in edition of the Federal Law of February 3, 1996 No. 17-FZ) (Sheets of the Congress of People's Deputies of RSFSR and the Supreme Council of RSFSR, 1990, No. 27, Art. 357; Russian Federation Code, 1996, No. 6, Art. 492; 1998, No. 31, Art. 3829; 1999, No. 28, Art. 3459, Art. 3469; 2001, No. 26, Art. 2586; No. 33, Art. 3424; 2002, No. 12, Art. 1093; 2003, No. 27, Art. 2700; No. 50, Art. 4855; No. 52, Art. 5033, Art. 5037; 2004, No. 27, Art. 2711; No. 31, Art. 3233; 2005, No. 1, Art. 18, Art. 45; No. 30, Art. 3117; 2006, No. 6, Art. 636; No. 19, Art. 2061; No. 31, Art. 3439; No. 52, Art. 5497; 2007, No. 1, Art. 9; No. 22, Art. 2563; No. 31, Art. 4011; No. 41, Art. 4845; No. 45, Art. 5425; No. 50, Art. 6238; 2008, No. 10, Art. 895; 2009, No. 1, Art. 23; No. 9, Art. 1043; No. 18, Art. 2153; No. 23, Art. 2776; No. 30, Art. 3739; No. 48, Art. 5731; No. 52, Art. 6428; 2010, No. 8, Art. 775; No. 27, Art. 3432; No. 30, Art. 4012; No. 31, Art. 4193; No. 47, Art. 6028; 2011, No. 7, Art. 905; No. 27, Art. 3873, Art. 3880; No. 29, Art. 4291; No. 48, Art. 6730; No. 49, Art. 7069; No. 50, Art. 7351; 2012, No. 27, Art. 3588; No. 31, Art. 4333; No. 50, Art. 6954; No. 53, Art. 7605, Art. 7607; 2013, No. 11, Art. 1076; No. 19, Art. 2317, Art. 2329; No. 26, Art. 3207; No. 27, Art. 3438, Art. 3477; No. 30, Art. 4084; No. 40, Art. 5036; No. 49, Art. 6336; No. 51, Art. 6683, Art. 6699; 2014, No. 6, Art. 563; No. 19, Art. 2311; No. 26, Art. 3379, Art. 3395; No. 30, Art. 4219; No. 40, Art. 5317, Art. 5320; No. 45, Art. 6144, Art. 6154; No. 49, Art. 6912; No. 52, Art. 7543; 2015, No. 1, Art. 37; No. 17, Art. 2473; No. 27, Art. 3947, Art. 3950; No. 29, Art. 4355, Art. 4357, Art. 4385; No. 51, Art. 7243; 2016, No. 1, Art. 23; No. 15, Art. 2050; No. 26, Art. 3860; No. 27, Art. 4294, Art. 4295; 2017, No. 14, Art. 2000; No. 18, Art. 2661, Art. 2669; No. 25, Art. 3596; No. 30, Art. 4456; No. 31, Art. 4754, Art. 4761, Art. 4830; 2018, No. 1, Art. 66; No. 18, Art. 2560, Art. 2576; No. 22, Art. 3043; No. 24, Art. 3400; No. 27, Art. 3950; No. 31, Art. 4852; No. 32, Art. 5100, Art. 5115; No. 49, Art. 7524; No. 53, Art. 8440; 2019, No. 22, Art. 2661; No. 23, the Art. 2921) and according to the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of July 12, 2019 No. 16) to bring in the Provision of the Bank of Russia of June 28, 2017 No. 590-P "About procedure for forming by credit institutions of reserves on possible losses according to loans, the loan and equated to it debt", registered by the Ministry of Justice of the Russian Federation on July 12, 2017 No. 47384, on October 3, 2018 No. 52308, on December 19, 2018 No. 53053, on January 23, 2019 No. 53505, the following changes.

1.1. In Item 2.3:

third to declare the paragraph invalid;

to state paragraphs of the twenty first and twenty second in the following edition:

"the system of assessment of credit risk according to loans allowing to classify loans (portfolios of homogeneous loans) by the quality categories provided in Item 1.7 of this provision, including containing more disaggregated assessment procedures of quality of loans and forming of reserve than it is provided by this Provision;

system of assessment of credit risk on the credits and loans granted within the program implementation "Factory of project financing" approved by the order of the Government of the Russian Federation of February 15, 2018 No. 158 "About the Factory of Project Financing program (The Russian Federation Code, 2018, No. 9, Art. 1390; No. 24, Art. 3538; 2019, No. 26, the Art. 3426) (further - the mechanism of project financing), according to criteria, stipulated in Item 2.14 and the Section I of appendix 2 to the Provision of the Bank of Russia of August 6, 2015 No. 483-P "About procedure of payments of size of credit risk on the basis of internal ratings", to No. registered by the Ministry of Justice of the Russian Federation on September 25, 2015 38996, on December 22, 2015 No. 40193, on June 10, 2019 No. 54896 (further - the Provision of the Bank of Russia No. 483-P);";

add with new paragraphs of the following content:

"system of assessment of credit risk according to the loans allowed the borrowers builders using escrow accounts according to the Federal Law of December 30, 2004 No. 214-FZ "About participation in shared-equity construction of apartment houses and other real estate objects and about modification of some legal acts of the Russian Federation" (The Russian Federation Code, 2005, No. 1, Art. 40; 2006, No. 30, Art. 3287; No. 43, Art. 4412; 2008, No. 30, Art. 3616; 2009, No. 29, Art. 3584; 2010, No. 25, Art. 3070; 2011, No. 49, Art. 7015, Art. 7040; 2012, No. 29, Art. 3998; No. 53, Art. 7619, Art. 7643; 2013, No. 30, Art. 4074; No. 52, Art. 6979; 2014, No. 26, Art. 3377; No. 30, Art. 4225; 2015, No. 29, Art. 4362; 2016, No. 18, Art. 2515; No. 27, Art. 4237, Art. 4294; 2017, No. 27, Art. 3938; No. 31, Art. 4767, Art. 4816; 2018, No. 1, Art. 90; No. 28, Art. 4139; No. 31, Art. 4861; No. 53, Art. 8404; No. 26, the Art. 3317) (further - the Federal Law of December 30, 2004 No. 214-FZ) (further - the loans allowed the borrowers builders using escrow accounts), including cases when the criterion of creditworthness contains several conditions for determination of level of creditworthness of the borrower builder using escrow accounts;

system of assessment of credit risk according to the loans allowed the subjects of small and medium entrepreneurship determined by Articles 3, 4 and 4.1 Federal Laws of July 24, 2007 No. 209-FZ "About development of small and medium entrepreneurship in the Russian Federation" (The Russian Federation Code, 2007, No. 31, Art. 4006; No. 43, Art. 5084; 2008, No. 30, Art. 3615, Art. 3616; 2009, No. 31, Art. 3923; No. 52, Art. 6441; 2010, No. 28, Art. 3553; 2011, No. 27, Art. 3880; No. 50, Art. 7343; 2013, No. 27, Art. 3436, Art. 3477; No. 30, Art. 4071; No. 52, Art. 6961; 2015, No. 27, Art. 3947; 2016, No. 1, Art. 28; No. 26, Art. 3891; No. 27, Art. 4198; 2017, No. 31, Art. 4756; No. 49, Art. 7328; 2018, No. 1, Art. 89; No. 28, Art. 4149; No. 32, Art. 5106; No. 49, Art. 7524; No. 53, Art. 8413, Art. 8463; 2019, No. 30, the Art. 4147) (further - subjects of small and medium entrepreneurship) and grouped in portfolios of homogeneous loans on which the risk assessment is performed on the basis of intra bank estimates of creditworthness of the borrower without use of the official reporting and evaluating financial position according to requirements of Chapter 3 this provision (further - intra bank estimates of creditworthness);

other essential factors which are not contradicting this Provision which can influence classification of loans according to Item 3.9 of this provision;

other provisions.".

1.2. In the fourth offer of subitem 3.1.4 of Item 3.1 of the word "territorial office of the Bank of Russia" to exclude.

1.3. The fourth Item 3.10 to state the paragraph in the following edition:

"Information on decision making on debt servicing recognition good concerning loans (set of the loans issued to one borrower or group of the connected borrowers) exceeding 1 percent from the size of own means (capital) of credit institution including reasons for this decision and information on loan quality category, is submitted credit institution in the Bank of Russia (authorized structural division of central office of the Bank of Russia) along with form of the reporting 0409115 "Information on quality of assets of credit institution (banking group)" established by the Instruction of the Bank of Russia of October 8, 2018 No. 4927-U "About the list, forms and procedure for creation and representation of forms of the reporting of credit institutions in the Central bank of the Russian Federation", the registered Ministry of Justice of the Russian Federation on December 13, 2018 No. 52992 (further - the Instruction of the Bank of Russia No. 4927-U). Non-presentation of the specified reasons or representation of insufficient reasons is the basis for assessment by the Bank of Russia of debt servicing according to loans according to requirements of Item 3.7 of this provision.".

1.4. Add with Item 3.10.1 of the following content:

"3.10.1. The authorized body of management of credit institution has the right to make the decision (the common decision on set of loans) on not quality degradation of debt servicing on the presented borrowers - physical persons to the loans re-structured according to article 6.1-1 of the Federal Law of December 21, 2013 No. 353-FZ "About consumer loan (loan)" (The Russian Federation Code, 2013, No. 51, Art. 6673; 2014, No. 30, Art. 4230; 2016, No. 27, Art. 4164; 2017, No. 50, Art. 7549; 2018, No. 11, Art. 1588; No. 53, Art. 8480; 2019, No. 18, the Art. 2200), irrespective of assessment of financial position of the specified borrowers.

In case when the loan amount (set of the loans issued to one borrower or group of the connected borrowers) specified in paragraph one of this Item constitutes 1 percent and less from the size of own means (capital) of credit institution, the decision on not quality degradation of debt servicing can be made by authorized body of credit institution.

The credit institution includes in the file of the borrower documentary drawn up decision of authorized body of management (authorized body) of credit institution on not quality degradation of debt servicing according to the loans specified in paragraph one of this Item.

Information on decision making on not quality degradation of debt servicing concerning loans (set of the loans issued to one borrower or group of the connected borrowers) exceeding 1 percent from the size of own means (capital) of credit institution including information on loan quality category, is submitted credit institution in the Bank of Russia (authorized structural division of central office of the Bank of Russia) along with form of the reporting 0409115 "Information on quality of assets of credit institution (banking group)" established by appendix 1 to the Instruction of the Bank of Russia No. 4927-U.".

1.5. In Item 3.12:

before subitem 3.12.1 to add with the new paragraph of the following content:

"Requirements of paragraphs of the first - third this Item do not extend to the loans allowed subjects of small and medium entrepreneurship, grouped in portfolios of homogeneous loans on which the risk assessment is performed on the basis of intra bank estimates of creditworthness.";

in subitem 3.12.2:

add subitem 3.12.2.10 with words ", on the loans no more than 10 million rubles allowed subjects of small and medium entrepreneurship, grouped in portfolios of homogeneous loans on which the risk assessment is performed on the basis of intra bank estimates of creditworthness";

add with subitem 3.12.2.23 of the following content:

"3.12.2.23. on the loans insured by "Russian Export Credits Insurance Agency and Investments" joint-stock company which activities are performed according to the Rules of implementation of activities for insurance and providing export loans and investments from entrepreneurial and policy risks approved by the order of the Government of the Russian Federation of November 22, 2011 No. 964 "About procedure of activities for insurance and providing export loans and investments from entrepreneurial and policy risks" (The Russian Federation Code, 2011, No. 48, Art. 6936; 2013, No. 5, Art. 407; 2014, No. 47, Art. 6564; 2016, No. 14, Art. 1992; 2018, No. 48, Art. 7402; 2019, No. 25, Art. 3268).";

in subitem 3.12.3 of the word "territorial office of the Bank of Russia" to exclude.

1.6. In the second offer of paragraph one of subitem 3.14.3 of Item 3.14 of the word "territorial office of the Bank of Russia" to exclude.

1.7. Add Item 4.9 with the new paragraph of the following content:

"identifications of the facts of invalidity of the identity document of the borrower, except as specified its replacements on the bases provided by regulatory legal acts of the Russian Federation, and except as specified identifications of the borrower - physical person with use of the unified information system of personal data providing collection, processing, storage of biometric personal data, their check and information transfer about degree of their compliance to the provided biometric personal data of the citizen of the Russian Federation (further - single biometric system), according to Item 5.8 of article 7 of the Federal Law of August 7, 2001 No. 115-FZ "About counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing" (The Russian Federation Code, 2001, No. 33, Art. 3418; 2002, No. 30, Art. 3029; No. 44, Art. 4296; 2004, No. 31, Art. 3224; 2005, No. 47, Art. 4828; 2006, No. 31, Art. 3446, Art. 3452; 2007, No. 16, Art. 1831; No. 31, Art. 3993, Art. 4011; No. 49, Art. 6036; 2009, No. 23, Art. 2776; No. 29, Art. 3600; 2010, No. 28, Art. 3553; No. 30, Art. 4007; No. 31, Art. 4166; 2011, No. 27, Art. 3873; No. 46, Art. 6406; 2012, No. 30, Art. 4172; No. 50, Art. 6954; 2013, No. 19, Art. 2329; No. 26, Art. 3207; No. 44, Art. 5641; No. 52, Art. 6968; 2014, No. 19, Art. 2311, Art. 2315, Art. 2335; No. 23, Art. 2934; No. 30, Art. 4214, Art. 4219; 2015, No. 1, Art. 14, Art. 37, Art. 58; No. 18, Art. 2614; No. 24, Art. 3367; No. 27, Art. 3945, Art. 3950, Art. 4001; 2016, No. 1, Art. 11, Art. 23, Art. 27, Art. 43, Art. 44; No. 26, Art. 3860, Art. 3884; No. 27, Art. 4196, Art. 4221; No. 28, Art. 4558; 2017, No. 1, Art. 12, Art. 46; No. 31, Art. 4816, Art. 4830; 2018, No. 1, Art. 54, Art. 66; No. 17, Art. 2418; No. 18, Art. 2560, Art. 2576, Art. 2582; No. 53, Art. 8491; 2019, No. 12, Art. 1222, Art. 1223; No. 27, the Art. 3534, the Art. 3538) (further - the Federal Law of August 7, 2001 No. 115-FZ).".

1.8. In Item 4.11:

the ninth to state the paragraph in the following edition:

"Information on the decision on application of approach to determination of the size of settlement reserve made by authorized body of credit institution concerning the loans allowed the borrower builder using the escrow account provided by this Item is carried by credit institution to the Bank of Russia (authorized structural division of central office of the Bank of Russia) together with provision of the professional judgment which is taken out taking into account the criteria provided by appendix 5 to this Provision, in writing within 10 working days from date of issue of the loan.";

add with the new paragraph of the following content:

"Refining of the size of settlement reserve and the size of reserve according to the loans allowed the borrowers builders using escrow accounts is performed in case of receipt of information on change of the factors influencing assessment of credit risk, but at least once a year as of reporting date.".

1.9. In Item 5.1:

in the second offer of paragraph one of figure of "1,5" to replace with figure "3";

in the paragraph the second the words "percent 1,5" shall be replaced with words "3 percent";

third to add the paragraph with the offer of the following content: "The minimum size of reserve is determined by loans according to which decisions are made according to Item 3.10.1 of this provision in tables 3, 3.1, 3.2 and 3.3 of this Item.";

in paragraph five of the word "1, percent" shall be replaced with words "3 percent";

the first offer of the paragraph of the thirteenth after the words "in one portfolio" to add with words "(further - the integrated portfolio)";

the sixteenth to state the paragraph in the following edition:

"The loans no more than 10 million rubles allowed subjects of small and medium entrepreneurship, including financial position of which it is estimated as average, and also loans no more than 10 million rubles allowed subjects of small and medium entrepreneurship on which the risk assessment is performed on the basis of intra bank estimates of creditworthness depending on duration of overdue payments are grouped in loans in one of the following portfolios of secured loans (loans according to which providing are the guarantees specified in subitem 6.3.4 of Item 6.3 of this provision, mortgage, pledge of vehicles on condition of state registration and insurance of the vehicle) and other loans:";

to state table 4 of the paragraph of twenty third in the following edition:

"Table 4

 

№ of payment order	Portfolios of the homogeneous loans allowed subjects of small and medium entrepreneurship	Minimum size of reserve, as a percentage
		on portfolios of secured loans	on portfolios of other loans	loans according to which the risk assessment is performed on the basis of intra bank estimates of creditworthness
				on portfolios of secured loans	on portfolios of other loans
1	Portfolio of loans without overdue payments	0,5	1	0,5	2
2	Portfolio of loans with overdue payments lasting from 1 up to 30 calendar days	1,5	3	1,5	10
3	Portfolio of loans with overdue payments lasting from 31 up to 90 calendar days	10	20	10	30
4	Portfolio of loans with overdue payments lasting from 91 up to 180 calendar days	35	50	35	75
5	Portfolio of loans with overdue payments lasting from 181 up to 360 calendar days	75		85
6	Portfolio of loans with overdue payments lasting over 360 calendar days	100		100

";

add with new paragraphs of the following content:

"In portfolio of other loans according to which reserve is created in the amount of at least 2 percent the unsecured loans allowed borrowers - to physical persons since January 1, 2014, without overdue payments can be grouped in principal debt and (or) percent on condition of identification of the borrower - physical person with use of single biometric system according to Item 5.8 of article 7 of the Federal Law of August 7, 2001 No. 115-FZ.

In portfolio of other loans according to which reserve is created in the amount of at least 7 percent the unsecured loans allowed borrowers - to physical persons since January 1, 2014, with overdue payments can be grouped in principal debt and (or) percent lasting from 1 up to 30 calendar days on condition of identification of the borrower - physical person with use of single biometric system according to Item 5.8 of article 7 of the Federal Law of August 7, 2001 No. 115-FZ.

In the integrated portfolio of other loans according to which reserve is created in the amount of at least 4 percent the unsecured loans allowed borrowers - to physical persons since January 1, 2014, without overdue payments can be grouped in principal debt and (or) percent and with overdue payments on principal debt and (or) percent lasting from 1 up to 30 calendar days on condition of identification of the borrower - physical person with use of single biometric system according to Item 5.8 of article 7 of the Federal Law of August 7, 2001 No. 115-FZ.

In portfolio of other loans according to which reserve is created in the amount of at least 1,5 of percent the unsecured loans allowed borrowers - to individual entrepreneurs on whom the risk assessment is performed on the basis of intra bank estimates of creditworthness can be grouped and there are no overdue payments on principal debt and (or) percent, on condition of identification of the borrower - the individual entrepreneur with use of single biometric system according to Item 5.8 of article 7 of the Federal Law of August 7, 2001 No. 115-FZ.".

1.10. In the fourth offer of Item 5.3 of the word "territorial office of the Bank of Russia" to exclude.

1.11. To state subitem 6.2.8 of Item 6.2 in the following edition:

"6.2.8. the insurance contracts of export loans and investments provided with the state guarantees provided according to the order of the Government of the Russian Federation of June 29, 2018 to No. 759 "About the state guarantee of the Russian Federation according to obligations of "Russian Export Credits Insurance Agency and Investments" joint-stock company (The Russian Federation Code, 2018, No. 28, Art. 4222; No. 50, the Art. 7762) (further - the order of the Government of the Russian Federation No. 759);".

1.12. In paragraph seven of Item 6.4 of the word "No. 964" shall be replaced with words "No. 759".

1.13. In Items 9.1 - 9.6 words "territorial office of the Bank of Russia", in the corresponding case to exclude.

1.14. Third subitem 1.3 of Item 1 of appendix 2 to state the paragraph in the following edition:

"the annual accounting (financial) accounts in three last complete years (for the last accounting year and the current year - annual and intermediate) constituted according to the Instruction of the Bank of Russia of November 27, 2018 No. 4983-U "About forms, procedure and terms of disclosure by credit institutions of information on the activities", the registered Ministry of Justice of the Russian Federation on February 21, 2019 No. 53861, and also form of the reporting 0409101 the "Turnover sheet on accounts of financial accounting of credit institution" on the last reporting date constituted according to the Instruction of the Bank of Russia No. 4927-U, and form of the reporting 0409102 "The report on financial results of credit institution" on the last reporting date, constituted according to appendix to the Provision of the Bank of Russia of December 22, 2014 No. 446-P "About procedure for determination of the income, expenses and other comprehensive income of credit institutions" to No. registered by the Ministry of Justice of the Russian Federation on February 6, 2015 35910, on December 8, 2015 No. 40025, on December 12, 2017 No. 49219, on July 31, 2018 No. 51743.".

1.15. In appendix 5:

in line 1.2:

in paragraph three of the column 5 of figure "10" to replace with figure "5";

in paragraph three of column 6 of the word", and also cases when the amount of acquisition value of the rights to the parcel of land, changes LIE and removals of prohibition on construction constitutes more than 5% of investment project cost" to exclude;

in columns 3 - the 5th lines 2.1:

in paragraph one shall be replaced with words the word "more" "at least";

paragraphs two and third to recognize invalid;

recognize lines 4 and 4.1 invalid;

in line 5.1:

in column 3:

the paragraph one to add with the words "or the credit agreement provides the borrower's obligation on their timely prolongation";

in paragraph five of the word "6 months" shall be replaced with words "3 months";

in column 4:

the paragraph one to add with the words "or the credit agreement provides the borrower's obligation on their timely prolongation";

in paragraph four:

shall be replaced with words the words "3 months" "1 month.";

add with the offer of the following content: "In case of construction of several objects on the site the builder provides land surveying of the parcel of land under each construction object or the credit agreement the obligation of the builder to make land surveying of the parcel of land after input of the first of objects which construction is provided within the project is provided";

in paragraph four of column 5 of the word "it is less than estimated term of construction" shall be replaced with words "exceeds the settlement term of input of the corresponding object in operation less than for 1 month";

in line 5.2:

in column 3:

the paragraph one to state in the following edition:

"The builder in case of construction by contract method signs with the prime contractor the general contract which cost at least 70% from total cost of installation and construction works, with the following provisions:";

the fifth after the words "At the Builder" to add the paragraph with the words "in case of construction by contract method";

add with the new paragraph of the following content:

"The builder in case of own-account construction has positive experience at least 5 years of construction of the previous projects (is confirmed by the construction expert or independent engineering company), and also there were no essential claims from participants of shared-equity construction";

in column 4:

in paragraph one after the word "Builder" to add with the words "in case of construction by contract method", to replace figures "90" with figures "60";

the fifth after the words "At the Builder" to add the paragraph with the words "in case of construction by contract method";

add with the new paragraph of the following content:

"The builder in case of own-account construction has positive experience at least 3 years of construction of the previous projects (is confirmed by the construction expert or independent engineering company), and also there were no essential claims from participants of shared-equity construction";

column 5 in paragraph one after the word "Builder" to add with the words "in case of construction by contract method", to replace figures "70" with figures "60";

in the column 6 of figure "70" to replace with figures "50";

in line 5.3:

in column 3:

third to add the paragraph with the words "or contains condition of provision by the contractor of the irrevocable bank guarantee of obligation fulfillment on the general contract with the identical amount and effective period";

word in paragraph five"," shall be replaced with words the exceeding amount "at least";

third column 4 and the paragraph third column 5 to add the paragraph with the words "or contains condition of provision by the contractor of the irrevocable bank guarantee of obligation fulfillment on the general contract with the identical amount and effective period";

in line 5.4:

in column 2 to exclude the word of "contractors";

in column 3:

in paragraph one of the word "Prime contractor" shall be replaced with words "The builder / the general contractor / group which the borrower builder enters,";

add with the new paragraph of the following content:

"The construction of apartment apartment houses is extremely strategically important type of activity of borrower builder/group into which the borrower builder enters. The share from construction of apartment apartment houses and (or) other real estate objects as the builder in consolidated revenues of group which the borrower builder enters over the last 5 years exceeds 75%.";

in column 4:

in paragraph one of the word "Prime contractor" shall be replaced with words "The builder / the general contractor / group which the borrower builder enters,";

add with the new paragraph of the following content:

"The construction of apartment apartment houses is strategically important type of activity of borrower builder/group into which the borrower builder enters. The share from construction of apartment apartment houses and (or) other real estate objects as the builder in consolidated revenues of group which the borrower builder enters over the last 5 years exceeds 50%.";

in column 5:

in paragraph one of the word "Prime contractor" shall be replaced with words "The builder / the general contractor / group which the borrower builder enters,";

add with the new paragraph of the following content:

"The construction of apartment apartment houses is important type of activity of borrower builder/group into which the borrower builder enters. The share from construction of apartment apartment houses and (or) other real estate objects as the builder in consolidated revenues of group which the borrower builder enters over the last 5 years exceeds 25%.";

in column 6:

shall be replaced with words words of "prime contractor" "the builder / the general contractor / group which the borrower builder enters,";

add with the new paragraph of the following content:

"The project is not key for the long-term strategy or core business of borrower builder/group which the borrower builder enters. The share from construction of apartment apartment houses and (or) other real estate objects as the builder in consolidated revenues of group which the borrower builder enters over the last 5 years does not exceed 25%.";

recognize line 6.2 invalid;

in line 7.1:

in columns 3 and 4:

the paragraph one after the words "Purpose-oriented loan" to add with the word "at the same time";

the fourth to state the paragraph in the following edition:

"shares or shares of the builder allowing to exercise control or to exert considerable impact";

the paragraph one of the column 5 after the words "Purpose-oriented loan" to add with the word "at the same time";

in line 7.2:

in column 3:

in the third offer of paragraph one and in the paragraph the second words of "the main society" shall be replaced with words "founders (participants)";

to add the paragraph of the sixth with words ", except as specified, when there is written refusal of credit institution - the creditor in execution of such agreements";

to add the paragraph of the sixth column 4 with words ", except as specified, when there is written refusal of credit institution - the creditor in execution of such agreements";

to recognize the paragraph of the seventh column 3 and the paragraph of the seventh column 4 of line 7.3 invalid.

2. This Instruction becomes effective after 10 days after day of its official publication.

 

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