Restructuring as a form of settlement of problematic credit debt of banking institutions

Definitions of credit debt restructuring banking institutions provided in several legal acts are summarized. They reduced to changing the essential conditions current agreement soften requirements for borrower connection with his financial difficulties, need create favorable him fulfill obligations. The objects under are: interest rate; forgiveness part debt; repayment schedule; terms and amounts main loan, fees, etc. Restructuring bank is defined as a set measures aimed at improving condition, increasing liquidity solvency bank, carried out form reorganization change owner, management, acceptance obligations by investor, rehabilitation, merger, division, absorption stage, that precedes recognition bankrupt NBU's decision liquidate it. Objects can be: enterprise, borrower's debts, tax debt, obligations, investment project, borrowing, issuing bonds. problematic type debts concluding an additional borrower, settlement agreement, restructuring. latter most common economic recovery borrowers who critical condition; changes obligations; ensuring borrowers' access financing restore their activity. Subjects forms systematized. essence out-of-court procedure through negotiations between related persons involved creditors determined. participation have been diagnosed, mechanisms its initiation implementation formalized. responsibilities development plan described.