The changing macroeconomic satiation resulting from the introduction of anti-Russian sanctions had a restraining effect on retail lending. The retail lending segment saw a slowdown in lending activity, primarily with regard to unsecured loans, while mortgages were more resilient thanks to the...

The aggravation of the geopolitical conflict and the imposition of anti-Russian sanctions had a restraining effect on the retail lending growth in H1 2022. In H2 2021, stabilization of the macroeconomic situation contributed to the recovery of banks’ lending activity, while the quality of the...

The aggravation of the geopolitical conflict and the introduction of anti-Russian sanctions had a restraining effect on the retail lending growth pattern over H1 2022. This affected primarily the segments of unsecured consumer lending and car loans. Then in H2, the macroeconomic situation...

At year-end 2019, high rates of the retail lending market were registered. This growth demonstrated increased accessibility of loans to households amid moderate inflation and stable financial state of households. Excessive banking sector's liquidity was an additional trigger for this growth....

Despite the introduction of regulatory restrictions and interest rate hikes in H2 2021, retail lending remained one of the fastest-growing segments of the banking market throughout previous year and contributed to growth in banking incomes. Amidst increased sanctions pressure, the government and...

In January-November 2021, retail bank deposits increased slightly and their share in bank liabilities decreased. The factors of the slowdown were: the outflow of funds into the purchase of real estate due to the availability of mortgages; attractive conditions on the stock market; the growth of...

The slowdown in the growth rate of retail deposits is due to the policy of low rates of the Central Bank of the Russian Federation in 2020 and the introduction of a tax on interest on retail deposits, which came into force in 2021. The increase in the key rate of the Bank of Russia contributed...