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
Date Written: April 10, 2020
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: Suggested Citation