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16 December, Saturday

Ufa   °

Russians began to take more loans

Economy/Business

UFA, 17 November 2017. /Bashinform News Agency, Galiya Nabieva/.

Russians began to take more loans and the debt of borrowers to banks decreased by 1.5%. This is reported by Izvestia.

According to the Central Bank, the volume of issued loans grew by 10%. At the same time, lending to the population is growing at a higher rate than the corporate one. This is largely due to lower rates.

Experts note that reducing the delay in payments is a positive trend for the banking sector in general, and for people who in the future will be able to rely on even more favorable rates.

As of November 1, in Russia overdue loans fell from 892.9 billion rubles to 880.2 billion rubles.

"Such indicators speak of gradual recovery of financial institutions involved in retail lending and the improvement of their balances", Viktor Klimov, head of the All-Russian People's Front for the Rights of Borrowers, Izvestia informs.

According to experts, the tendency to reduce overdue loans will continue to be as a result of the gradual recovery of the retail lending market.

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