RETAIL BANK LENDING: DEBT BURDEN IS DECREASING

Mikhail Khromov

Russian Economic Development, 2016, issue 6, 11-12

Abstract: In 2016, the volume of bank lending resumed growth. However, its level remains below the 2014 indicators and is insufficient to curtail the reduction of the population’s loan debt volumes. There is a shift in the retail bank lending debt structure in favor of the long-term and cheaper mortgages. This results in the reduction of the debt burden on the disposable income of the households.

Keywords: Banking sector; Russian Economy (search for similar items in EconPapers)
JEL-codes: E21 E41 E51 E58 G21 (search for similar items in EconPapers)
Date: 2016
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