Translation. Region: Russian Federal
Source: Central Bank of Russia –
An important disclaimer is at the bottom of this article.
The population's mortgage debt (including the mortgage portfolio and securitized loans), according to preliminary data, increased by 0.7% (0.6% in June), which is comparable to the average monthly increase for the first half of 2024. The volume of mortgage issuances for the month increased by 15%.
The consumer loan portfolio continued to shrink, by 0.5% according to preliminary data, after a 0.8% decrease in June. Interest rates on them are still high, although they are gradually decreasing.
The banking sector's claims on companies (including bond investments) increased by 1.1% (0.9% the previous month). About a third of the increase came from housing developers.
The growth rate of household funds in banks is comparable to the previous month: 1.3% after 1.5% in June. Legal entities' funds increased by a significant 1.4% (-0.2% in June), which is partly explained by the advance payment of government contracts.
The sector's profit (RUB 397 billion) remained at the June level (RUB 392 billion minus dividends from Russian subsidiary banks).
Read more in the information and analytical material "On the development of the banking sector of the Russian Federation in July 2025".
Preview photo: Valentin Antonov / TASS
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.