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The volume of consumer loans in Russia grew by almost a third - EastRussia | Far East

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The volume of consumer loans in Russia grew by almost a third

The volume of consumer loans in Russia grew by almost a third
Photo: pixabay.com

In the first quarter of 2019, Russian banks issued consumer loans in the amount of 680 billion rubles, which is almost a third more than in the same period last year. About it пишет RIA News referring to the study of the credit bureau "Equifax".

The growth also affected the number of loans issued: the Russians for January-March took 3,8 million loans, which is 5,5% more than last year. The average size of the consumer loan also increased - it amounted to 177,2 thousand rubles against 143,8 thousand in 2018 year.

“According to our forecast, the results of the current year will set a new record, but the dynamics will not be as impressive as in previous periods. The main driver of growth in consumer lending is likely to be an increase in the average amount of consumer credit, ”noted Oleg Lagutkin, Director General of Equifax Bureau.