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.