It is noted that the main contribution to the growth of the debt burden was made by unsecured consumer loans.
As of September 1 of this year, 39.5 million Russians have at least one loan.
At the same time, the debt service ratio for consumer loans at the reporting date amounted to 8.9% compared to 8.7% as of July 1, 2019.
As of July - the share of loans with overdue payments over 90 days reaches 6.6%.
It is also specified that at present about 54% of the employed population are borrowers, 10.6% have mortgage arrears.
It is reported that the Central Bank has not yet revised its forecast for growth in the consumer loan portfolio at 10% in 2020.
Earlier, the Bank of Russia obliged banks and microfinance organizations to calculate the debt burden indicator (PDN) for borrowers when deciding on a loan in the amount of 10 thousand rubles or more.
Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, in an interview with FBA “Economics Today”, commenting on the change in the rules for granting loans to banks and microfinance organizations, said that after these measures “unsecured lending will begin to gradually slow down,” and by 2020 its growth rate will current indicators more than 20% will fall to the level of 12-15%.