The bill stipulates restructuring foreign currency credit commitments into hryvnia, if foreign currency credit commitment corresponds to the following criteria: consumer received credit within the meaning of the Law “On Consumers’ Rights Protection”; credit was received for the purchase of residential property or proprietary rights to residential property that is the only dwelling of a natural person or his/her family, and is secured by this residential property or proprietary rights; general sum of the unpaid credit debt commitments does not exceed UAH 1 mln. at the official exchange rate of hryvnia against foreign currencies as of 01/01/2014; absence of a credit debt commitments as of 01/01/2014 or credit debt commitments paid prior to restructuring.

The bill was registered under No. 4185a-2.

 

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