Financial news: Mortgages continued to grow steadily in June.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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According to preliminary data, the population's mortgage debt increased by 0.6% over the month after 0.5% in May. The bulk of loans issued are still accounted for by state programs.

The consumer loan portfolio decreased by 0.4% after near-zero dynamics in May, including due to a halt in the growth of debt on credit cards.

Taking into account investments in bonds, banks' claims on companies grew by 0.9% in June (0.4% a month earlier). Ruble loans increased mainly (0.7%), with a significant portion of the increase coming from housing developers.

Household funds in banks increased by a noticeable 1.5% after the seasonally weak dynamics of May (0.2%). Corporate funds, on the contrary, decreased slightly (-0.2% after 0.4% in May).

The sector's profit (excluding dividends from Russian subsidiary banks) for the month amounted to 392 billion rubles, which is one third higher than the May result. However, the growth is mainly due to a one-time release of reserves and is not indicative. Since the beginning of the year, banks have earned 1.7 trillion rubles, as in the same period last year.

Read more in the information and analytical material "On the development of the banking sector of the Russian Federation in June 2025".

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