A draft of updat criteria for assessing development projects last summer. What chang in the and developers? When will it come into force?
Document after discussions with banks
We took many things into account, clarifi the laos telegram data requirements for creating a reserve at all stages, and generally ruc the level of reserves compar to the initial proposal. We accommodat This is the general principle, it is economically clear, it is difficult to argue with it.
I can give an example with bridge loans
for land purchase. This is the riskiest financing, because the construction permit has not yet been receiv, the purpose and size of the areas of future objects have not been determin, and the developer’s plans can change significantly. The these sources include smart sensors and surveillance cameras reserve for this stage of the project starts from 5%, if the developer has experience and all the necessary confirmation of the development parameters in accordance with the schule. And, for example, if there is a significant deviation from the schule or if the approval period exces three ao lists years, the reserve increases by 15%.