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Retail Lending at Year-end 2019

Monitoring of Russia's Economic Outlook. Moscow. IEP. 2020, No. 5, pp. 8-10

3 Pages Posted: 20 May 2020

See all articles by Sergey Zubov

Sergey Zubov

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA)

Date Written: April 10, 2020

Abstract

At year-end 2019, high rates of the retail lending market were registered. This growth demonstrated increased accessibility of loans to households amid moderate inflation and stable financial state of households. Excessive banking sector’s liquidity was an additional trigger for this growth. Meanwhile, the excessive level of the debt burden can lead to losses in the banking sector, pose risks for the real sector of the economy, provoke adverse social consequences.

Keywords: Russian economy, retail lending, banking sector

JEL Classification: G24, G21

Suggested Citation

Zubov, Sergey, Retail Lending at Year-end 2019 (April 10, 2020). Monitoring of Russia's Economic Outlook. Moscow. IEP. 2020, No. 5, pp. 8-10, Available at SSRN: https://ssrn.com/abstract=3584017 or http://dx.doi.org/10.2139/ssrn.3584017

Sergey Zubov (Contact Author)

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) ( email )

Vernadskogo Prospect 82
Sredny av. V.O., 57/43
Moscow, St. Petersburg 119571
Russia

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