The epidemic of coronavirus in store for banks an increase in problem loans and delinquencies, already a third of the credit portfolio — about 19 trillion rubles falls on the most vulnerable borrowers. While banks deal with the growing problems in the economy, but to require them endless support borrowers not necessary — it only takes risks in the financial system, said the head of the Central Bank Elvira Nabiullina during the online meeting in the state Duma.As reported at the meeting in the state Duma on banking activities of Bank of Russia Chairman Elvira Nabiullina, the spread of the coronavirus in the country will result in the growth of overdue bad loans. By restructuring loans, banks help the economy to cope with the losses from epidemiological restrictions on entrepreneurial activities, but further measures to support borrowers only in this way will increase the risks to the financial system, said the head of the Central Bank. “If continue to increase for banks the burden of supporting borrowers, could increase risks to the financial system, or banks can not increase lending. If they can’t increase lending when the epidemic will go on recession, economic recovery will be delayed,— said Elvira Nabiullina deputies.— Banks, in fact, help to absorb losses of the economy through restructuring of loans. Those measures taken by the Bank of Russia, the government also help to obtain new loans, primarily for emergency needs. But we must understand that the Bank is not in vain, they bear part of the losses. They have the stock, they can use it. But it is extremely important to keep the balance.” The head of the Central Bank also noted that in contrast to growth of overdue debts and bad loans liquidity problems, the regulator does not expect — “even with the slight decline in deposits of natural persons”.However, as long as said following the meeting the head of the faction “Fair Russia” Sergey Mironov, from 150 billion roubles allocated by the Central Bank on loans to businesses for the payment of salaries, spent 35.5 billion rubles (problems with the issuance of interest-free loans for this purpose previously discussed in meetings with Prime Minister Mikhail mishustina and President Vladimir Putin. “Another effect of the crisis will be the reduction of consumer crediting,— the head of the Central Bank,— by our estimate, this year it could be minus 5%. I recall that last year, an increase of unsecured loans was 21%”. We will remind, before the beginning of the coronavirus crisis, the threat of uncontrolled growth of unsecured lending was the object of discussions of the Central Bank and Ministry of economy, then the Bank of Russia took a number of reserved long-term measures for its restriction, however, quarantine measures have had on the sector much more noticeable dampening effect.In the IPO��eke the situation “will be better due to the support measures announced by the President, implemented by the government” — to subsidize the rates at 6.5%. “Mortgages have grown in the past year is a good pace — about 20%. This year we expect growth to 10%,” said MS Nabiullina. We will remind, the White house is already looking for ways to stimulate the mortgage on the background of which began in March, slowing down construction.Last Friday, the Central Bank decided to reduce the key rate to 5.5% per annum. “Understanding the nature and magnitude of the economic shock that we are facing right now, we’re talking about what can reduce the rate in larger increments than before. We moved on to the expansionary monetary policy. For the economy it will be important to get support, including relatively cheap money, especially after the “unfreezing”,— said the Chairman of the Bank of Russia.Tatyana Grishina