Microfinance Market in 2022

Рынок микрофинансирования в 2022 г

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

Russian Economic Development, 2023, issue 5, 59-62

Abstract: The imposition of anti-Russian sanctions had almost no effect on the activities of microfinance organizations (MFOs) and despite the slowdown in the growth rate of the total portfolio and the growth of funding costs the profitability and net income of MFOs hit all-time high levels over the past few years. This year MFOs will face regulatory restrictions aimed at minimizing credit risks; adapting to the new conditions will stabilize the situation in the industry and balance the risk-income ratio.

Keywords: microfinance market; microfinance organizations; MFO credit rates; regulatory restrictions on MFO market (search for similar items in EconPapers)
JEL-codes: G01 G14 G21 G28 (search for similar items in EconPapers)
Date: 2023
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