Search

Debt load of Russians has reached a historical maximum

According to the estimates of the Bank of Russia, the share of loans with a high debt burden, received by Russians, reached 30%. The pandemic and lockdowns did not stop the flow of borrowed funds. The level of payments on unsecured loans in January 2020 reached 9.8% (of total income) and 1.9% on mortgages. ‘In the second half of 2020, the debt burden continued to grow. Despite the fact that the Central Bank considers the situation as a whole stable and there are no depressing forecasts yet, the...

Kalmykia and Tyva became the most debt-ladened regions of Russia

According to experts, there is an increase in the level of debt load of the population in Russia, while different situation is recorded in all the regions. Kalmykia, Tyva and Udmurtia are named among the most debt-ladened regions, while the lowest rates are registered in Ingushetia, Chechnya and Dagestan. ...

ALL-TIME MAXIMUM DEBT BURDEN OF POPULATION IS REPORTED IN RUSSIA

... grow. Despite the growth in the rate of mortgage lending, this fact did not have a significant impact on the increase in the debt burden. The reason, according to the regulator, is compensation in the form of a reduction in interest rates on loans. Debt load is the ratio of all loan payments to the total income of the population. In addition, the Central Bank of the Russian Federation indicated that the quality of the loan portfolio exceeds expectations that existed at the beginning of the pandemic....

THE NUMBER OF BANKRUPTS IN REPUBLIC OF BASHKIRIA GREW BY 62%

... place after Moscow, the Moscow region and the Krasnodar Territory. The reasons why the republic continues to be one the leading regions in terms of the number of bankrupt citizens for several years in a row, are obvious. First of all, it is the high debt load of the population. For several years in a row, the republic has been among the regions with the highest indicator of the population's debt load. Credit organizations, according to experts, continue to actively issue consumer loans to citizens,...

Sorted by relevance | Sort by date