Translation. Region: Russian Federation –
Source: Central Bank of Russia
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Bank lending to companies (including bonds) increased by 0.6% in February (-0.4% in January). Significant budget payments restrained lending dynamics, as government contract executors had less need for financing.
The growth of household mortgage debt slowed in February to 0.2% (0.9% in January), mainly due to a significant reduction in loans issued under the Family Mortgage program after its terms were changed on February 1, 2026.
The consumer loan portfolio decreased by 0.7% (0.6% in January), primarily in the cash loan segment. Credit card use was also less active than in the previous month, when people had significant spending during the New Year holidays.
Household deposits in banks increased by 1.9% in February, following a seasonal decline in January (-1.4%). Legal entity deposits also increased by 2.7% (0.2% in January), but this increase is primarily due to companies paying a portion of their February taxes in early March.
In February, the sector earned 392 billion rubles, which is comparable to January's profit.
For more details, read the information and analytical material "On the development of the banking sector of the Russian Federation in February 2026".
Preview photo: Irina Kononova / Shutterstock / Fotodom
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.