Sitibank can forgive approximately thousands of “hopeless” debts for almost one billion rubles

It was reported that two sources in the RBC market that we are talking about a thousand loan agreements, debts for which the bank did not sell. Most likely, these are minor problem debts that are recognized as “desperate” if the bank has taken all “necessary legal and real actions to recover”, but did not achieve a result.

After the Citigroup when leaving the Russia Federation in 2022, the group of companies managed to sell the main portfolio of Uralibu consumers and problematic but large loans, a collection company.

In the bank’s balance sheet, as a result “low profit debts” were maintained. At the beginning of 2025, he numbered (according to the revolutionary declaration) 946.9 million rubles, and another 43.9 million rubles were declared delayed payments.

Market opinion on the writing of debts was divided, which is often not happening in the field of service individuals. One of the experts believes that this is a forced measure of a desperate bank, which really does not see ways to return funds. Someone remembers that customers who “forgive” the debt will have to pay the personal income tax.

According to representatives of the expert RA, the need to pay 13% in favor of the Federal Fiscal Service can be an incentive to close the debt or its final restructuring, since tax arrears are “recovered quite efficiently”, which promises more serious problems for debtors than a damaged credit history.