Template-type: ReDIF-Article 1.0
Author-Name: Sergey A. Zubov
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration
Title: Retail Lending in January-November 2022 
Title: Кредитование физических лиц в январе-ноябре 2022 г.
Abstract: The aggravation of the geopolitical conflict and the imposition of anti-Russian sanctions had a restraining effect on the retail lending growth in H1 2022. In H2 2021, stabilization of the macroeconomic situation contributed to the recovery of banks’ lending activity, while the quality of the loan portfolio remained intact. However, the growth of outstanding debt and high indices of debt burden of bank borrowers forced the Central Bank to take measures aimed at cooling the market of consumer lending to prevent further accumulation of risks.
Keywords: Russian banking sector, retail lending, past-due debt, Bank of Russia
Classification-JEL: D81, E58, G21
Journal: Russian Economic Developments
Year: 2023
Issue: 2
Month: February
Pages: 39-42
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2313.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r2313