Why is my loan being transferred to Uralsib?

This is standard practice when an agreement on assignment of rights (cession) is concluded and a loan is transferred from one bank to another. The law does not require any special circumstances for such an assignment.

The transfer of a loan from one bank to another is a lawful and common practice. It does not require any special circumstances or reasons and is not connected with any problems relating to your loan.

The term, interest rate, amount, and payment date, as well as the outstanding debt amount and contract number, remain unchanged.Read about the specifics of loan transfers between banks here:

— In paragraph 1 of chapter 24 of the Civil Code of the Russian Federation

— In Article 12 of the law on consumer credit (loan)