The volume of issued consumer loans in Russia fell by 41% in 2022

In January-September 2022, consumer loans were issued in Russia in the amount of 1.95 trillion rubles. This is 41.3% less than in the same period last year, according to the National Bureau of Credit Histories (NBKI).

“According to the data of 4,000 creditors submitting information to the National Bureau of Credit Histories (NBKI), in January-September 2022, consumer loans (loans for the purchase of consumer goods) were issued in the amount of 1.95 trillion rubles, or by 41.3% less than in the same period last year (in January-September 2021 – 3.32 trillion rubles),” the message reads. website the Bureau.

At the same time, the NBKI notes that in comparison with the nine months of the “pandemic” 2020, there is also a decrease, which is 13.3% (2.25 trillion rubles in January-September 2020).

According to bureau statistics, for the nine months of 2022 the largest volume of issued consumer loans recorded in the following regions of Russia:

• Moscow (235.4 billion rubles),
• Moscow region (139.8 billion rubles),
• St. Petersburg (95.8 billion rubles),
• Sverdlovsk region (69.2 billion rubles),
• Krasnodar Territory (62.9 billion rubles).

The most serious decline in consumer loans (among 30 regions of the Russian Federation — leaders in this type of retail lending) demonstrated:

• Stavropol Territory (-46.3%),
• Irkutsk region (-45.5%),
• Perm Territory (-45.3%),
• Tula region (-44.3%),
• Krasnoyarsk Territory (-44.2%).

The smallest decline was noted in Moscow (-35.1%), Novosibirsk Region (-38.9%), Krasnodar (-39.3%) and Primorsky (-39.8%) Territories, as well as in the Sverdlovsk Region (-38.9%). 39.8%).

The NBKI noted that the issuance of consumer loans in the current year is similar to the situation in 2020, when, after the spring decline in lending, there was a tendency for the segment to recover. At the same time, the volume of the loan issued continues to depend on the Personal Credit Rating (PCR), the average value of which in 2022 is 352 points. This level allows the consumer to take out a loan in the amount of 100 to 300 thousand rubles, the bureau reports.

The Bank of Russia recorded a decrease in the debt burden on households in the second quarter of 2022 for the first time in seven years. The main role was played by the decrease in debt on unsecured consumer loans. Experts note that the decrease in the debt burden is not due to income growth, but due to falling consumption.

Details – in the publication “Kommersant” “It won’t end for a long time”.

Erdni Kagaltynov