The issuance of consumer loans in Russia for 11 months of 2021 increased by 15.1% in annual terms, but decreased by 14.3% compared to 2019, according to the National Bureau of Credit Histories (NBCH).
According to the bureau, over 11 months of last year, 15.09 million consumer loans were issued. “This growth is largely due to the consequences of the” quarantine “measures in the 2nd quarter of last year, when the issuance of consumer loans fell the most,” the NBCH said.
Most consumer loans for this period were issued in Moscow – 818,800, Moscow region – 707,800, Krasnodar Territory – 581,400, Bashkortostan – 522,300, Tatarstan – 514,000, St. Petersburg – 502,900. in St. Petersburg – by 28.5%, Moscow – 27.9%, Moscow region – 24.5%, Tatarstan – by 22%, Leningrad region – by 19.3%.
Earlier, the Central Bank published preliminary parameters of direct restrictions on the issuance of consumer loans, which may come into force in July 2022. It is assumed that the share of consumer loans with a debt burden (PDR) of more than 80% can be limited for banks to 25% of all unsecured loans. for microfinance organizations (MFOs) – 35%. The right to introduce direct limits for banks and MFOs for issuing loans from the Central Bank appeared after the State Duma passed the relevant law in November.
At the end of December, Anatoly Aksakov, head of the State Duma Committee on the Financial Market, and Federation Council Deputy Speaker Nikolai Zhuravlev introduced a bill to the State Duma proposing to limit the term of a loan on unsecured consumer loans to five years. According to the authors of the document, such a measure will limit the risks of excessive debt burden on the population and reduce the debt burden.
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