Established rules of restructuring of commercial banks debt by the customer

These rules fix the order and conditions of the customer in 2015 debt restructuring of commercial banks that have arisen in connection with the presentation requirements for the execution of bank guarantees. In particular, to change the primary obligations of the bank to pay the amount of the bank guarantee for other obligations, the customer is obliged to comply with certain conditions.

One of them is the recognition of the bank debt under the guarantee, which is carried out by means of a bank to the customer's written request for debt restructuring. After receipt of the application or the customer refuses to restructuring (if the application does not comply with these rules), or enters into agreement with the bank to restructure.