C on July 1, the Central Bank will tighten the regulation of the issuance of unsecured consumer loans, returning it in this way to the “Dopandamemic” level. It is reported by RIA Novosti.
it specifies that the regulator will increase the surcharge of risk coefficients for such loans. The need for such a measure of the Central Bank explained to the acceleration of the growth rate of consumer lending segment and, as a result, an increase in the debt burden of the population. According to the regulator, according to the results of the first quarter of 2021, it increased from 11.7 to 11.9 percent, thereby updating the historical maximum.
In the Bank of Russia, it is believed to increase the stimulus to expand lending from the provision of loans to “lined” loans to the bank. In addition, they consider in the regulator, this will allow you to gradually restore the magnitude of the buffer and ensure the stability of banks to possible stressful situations.
On May 27, the Central Bank said that the slaughter of Russians (the ratio of payments for loans to the general income of Russians) in the first quarter increased to a historic maximum of 11.9 percent. In conditions of the coronavirus pandemic, the growth of debt on loans was not accompanied by an appropriate increase in income of the population, the regulator reviews. 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.