The debt load of Russians (the ratio of payments on loans to general income of the population) in the first quarter increased from 11.7 to 11.9 percent, reaching a historical maximum. This is stated in the review of the Central Bank.
In the conditions of the coronavirus pandemic, the growth of debt on loans was not accompanied by an appropriate increase in income of the population, the document says. Consumer loans contributed to the main contribution to an increase in debt burden. Debt on them in the first quarter of this year increased by 15 percent in annual terms.
Earlier it was reported that the Central Bank wanted to limit the volume of issuing certain types of loans. Such a bill was introduced to the State Duma. In the case of its adoption, the Central Bank will be able to limit the volume of issuance of specific types of loans to prevent the accumulation of risks of borrowers. The main limitations will affect individuals.
As of March 1, 2021, the debt of the population on loans to banks was 20.8 trillion rubles. Since the beginning of the year, she jumped almost 800 billion rubles. In the first quarter, the average size of unpaid debt increased by another 7.5 percent, to 137.6 thousand rubles, which is the maximum in four years.