Retail Lending in January-April 2021: Growth of Debt Burden Indicator

Кредитование физических лиц в январе-апреле 2021 г.: рост показателя долговой нагрузки

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

Russian Economic Development, 2021, issue 6, 35-38

Abstract: The growth rate of lending to individuals increased significantly in 2021 contributing to the expansion of consumer demand. Certain concern is caused by the growth of lending that is largely due to loans to high-debt borrowers. In this regard, the Bank of Russia decided to return macroprudential premiums on unsecured loans to the level preceding the pandemic.

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
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