According to the Bank of Russia, despite the fact that the net profit of credit organizations decreased by 22% in February compared to January, its size reached an impressive figure of 275 billion rubles. In this respect to witness Data from the Central Bank of Russia.
The regulator explains the high level of income so far by the low cost of risks on corporate loans (only 0.2%).
“The sector’s net interest income decreased mainly due to the decrease in days in February. However, the profit exceeded the Central Bank’s forecast due to the low risk in loans to companies – only 0.2%.”
According to Central Bank representatives, in the last month of winter height Retail loans in Russia remained at 0.9% at January level; This is well above the expectations of the supervisory authority. Mortgage loans accelerated from 0.6% in January to 0.7%. At the same time, there was a strong influx of deposits from the population, amounting to 2.5%.
“This is not typical for February and is a record for this month. “High deposit interest rates (14.79% at the end of February) and the indexation of social and insurance payments at 7.4% from January 1 had an impact,” the Central Bank of the Russian Federation said.
Previously at Bank of Russia appreciated mortgage growth rate.
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Source: Gazeta
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