Published on: 2026-04-27
Source: Central Bank of Russia – Central Bank of Russia –
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Bank of Russiachange under banksIn the formation of reserves for loans for the construction of apartment buildings, making it more risk-sensitive.New methodologywill extend to loans issued at all stages of project implementation, from the acquisition of rights to a land plot and approval of construction parameters to the sale of apartments in the completed building.
When assessing risk, banks must take into account the stages of the project’s life cycle. Special attention will be paid to compliance with the schedules for coordinating urban planning and project documentation, construction, sale and repayment of debt, as well as the consideration of installments provided by developers to participants in shared construction.
Thus, a risk assessment system is introduced, which will allow for the maximum consideration of factors determining the successful completion of the construction project and the repayment of the project loan.
It is planned that the new provision will come into force on October 1, 2027, and will become mandatory for credit tranches for the creation of facilities where construction has not yet begun, as well as for loans that will be issued after the provision comes into force.
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