Renaissance Credit Commercial Bank suggests that its customers pay off their loans in advance, so that the bank could buy out its own bonds it order to relieve is liabilities burden, Kommersant reports.

A number of Renaissance Credit Bank’s borrowers have already received text messages with early payment proposals, while the bank’s hotline clerks explain to all the callers that the interest rate on the existing loans might be raised because of the economic crisis. Incidentally, this would fit in the framework of the loan agreement terms, the newspaper says.