Retail Lending, January through August 2021: Record-High Growth in the Market’s History

Кредитование физических лиц в январе-августе 2021 г.: рекордный рост в истории рынка

Zubov Sergey
Additional contact information
Zubov Sergey: Russian Presidential Academy of National Economy and Public Administration

Russian Economic Development, 2021, issue 10, 27-30

Abstract: In 2021, retail lending has been the most dynamically growing banking market segment spurring banking revenues growth. The worsening of loan portfolio quality was driven by rising inflation, stagnation of households’ real incomes and the epidemiological situation, which factors could not but cause the monetary authorities’ concern and make them take additional measures to cool the credit market in order to prevent a pickup in households’ debt burden and reduce market risks.

Keywords: Russian banking sector; retail lending; debt burden indicator; macroprudential markups; Bank of Russia (search for similar items in EconPapers)
JEL-codes: D81 E58 G21 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.iep.ru/files/RePEc/gai/recdev/r21108.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gai:recdev:r21108

Access Statistics for this article

Russian Economic Development is currently edited by Alexei Vedev

More articles in Russian Economic Development from Gaidar Institute for Economic Policy Contact information at EDIRC.
Bibliographic data for series maintained by Olga Beloborodova ( this e-mail address is bad, please contact ).