Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The Volume of Consumer Loans Issued has Reached its Historic Peak in Russia
12.11.2018 09:49
The Volume of Consumer Loans Issued has Reached its Historic Peak in Russia

The volume of consumer loans issued has reached its historic peak in Russia in the third quarter of 2018. Thus, during the above-mentioned period Russians took four million loans for the total amount exceeding 729 billion roubles: this figure has increased fivefold, as compared to 2015.

      Previously, the peak in consumer loans was observed in the second quarter of 2013 — then the volume of loans made up 581 billion roubles. In the third quarter of 2018 an average loan size in this type of lending broke all records and reached 178 thousand roubles. As compared to the same period in 2017, the growth made up 43 percent.

      Experts explain the increase in loan volumes and their average amount with the stabilization of interest rates on retail lending, as well as the fact that a number of major players of the market began to offer lower rates with larger amounts of loans.

      Read more about Russian economy.


Author: Anna Dorozhkina

Tags: society     

Next Previous

You might also find interesting:

Russian Designers in Paris: Resort 2019 by GRIGORY KOROBEYNIKOV aka NAKED
Russian Brands in Paris: Future Is Nown
A Bill on the Transfer of Information on the Status of Customer Service to Banks has been Introduced to the State Duma
Natalya Vodyanova Danced "Kalinka-Malinka" before the Final Game of the 2018 World Cup in Russia
How to Choose a Warm Jacket for Russian Winter

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Spartak Moscow  Sheremetyevo  Tver  Roman Viktjuk  Russian academy of sciences  Russian business  Russian stock exchange  Victory Day  International space station  St. Petersburg  Russian Cinema  Zenit St. Petersburg  Festivals in Moscow  Archeology  Yekaterinburg Taxi  New Medicines  Global Competitiveness Report  Russian Literature  Mercedes-Benz Fashion Week Russia  Chelyabinsk Region  National Reserve Bank  Teddy Bears  Moscow  Crimea  Russian schools  Cats' Cafe  Elections 2012  Russian actors  Kurchatovsky Institute  Navalny  Kolomenskoye  Vera Pestel  Lipetsk   Russian Animation  Space Exploration Day  Russiansportsmen  computer skills  Russian models  All-Russian Museum of Decorative-Applied and Folk Art  Russian tourism  Exhibitions in Moscow  the Altai   banned books  Russian Monuments  Crowdfunding  Russian Poets  Running Club  Times Higher Education  Mikhail Fridman  Big Four 

Travel Blogs
Top Traveling Sites