The Central Bank of Russia (CB) said that Russian loan debt rose 1.2 percent in April. At the same time, debt growth in the first quarter of this year was 2.5 percent. area regulator.
The Central Bank pointed out that the amount restrictions imposed on loan issuance since the beginning of this year did not cause a stagnation in the unsecured consumer loans portfolio. The above debt indicators were “provided by the increase in the population’s demand for credit.”
It is also reported that the Central Bank will continue to limit the growth of citizens’ debt burden by discouraging lending to those with high debt burdens.
As previously reported, the Russians raised Spending on credit cards with more than 90 days overdue reached the highest level in five years.