The total cost of cash credit (TCC) in the Russian Federation reached its highest level since the beginning of 2024, reaching 28.79%. This is what he writes about “Kommersant” With reference to the United Credit Bureau (UCB).
According to the publication, the PSC was 26.96% in June and was already 27.1% in July.
The OKB noted that in July, Russians received 3.01 million cash loans worth 584.05 billion rubles. The number of loans issued increased by 4%, while their volume decreased by 16%. The average loan size fell to 194 thousand rubles.
The results of the survey conducted by Sinara Bank in August before this showedAt a time when key rates are high, the majority of Russians appear to be uninterested in long-term savings vehicles.
Long-term savings instruments do not interest 74.6% of respondents. 38.4% of respondents say they are not attractive in principle, while another 31.9% say they do not want to part with their savings for a very long time.
Putin before named Russia is Europe’s largest economy.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.