Translation. Region: Russian Federation –
Source: Central Bank of Russia
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Bank claims on companies (including bonds) increased by 0.7% after 1.7% in August. As in the previous month, most of the increase was driven by ruble-denominated corporate loans, primarily to housing developers, oil and gas companies, and transportation companies.
Household mortgage debt (including the mortgage portfolio and securitized loans) continued to grow moderately (0.8% after 0.9% in August), primarily due to government programs—the share of such loans remains significant (~80%). Meanwhile, the volume of market mortgages is gradually increasing, but remains small due to persistently high rates.
According to preliminary data, the consumer loan portfolio contracted by 0.1% after remaining flat in August. Cash loan disbursements declined, while credit card disbursements increased slightly.
Client funds increased by 0.6% after 1.3% in August.
The sector's net profit increased to 367 billion rubles, primarily due to a reduction in reserve deductions and an increase in net interest income.
Please note that in order to harmonize banking and monetary statistics, the principle for calculating individual indicators and their growth rates has changed.
For more details, read the information and analytical material "On the development of the banking sector of the Russian Federation in September 2025".
Preview photo: Alena Bzhakhova / TASS
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.