Translation. Region: Russian Federal
Source: Mainfin Bank –
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How was the situation on the car loan market in June?
Demand for cars traditionally increases in late spring and early summer, which also affects popularity car loansHowever, in June of this year, the issuance of this type of targeted loans collapsed, the NKBI recorded:
a 41% drop in the number of car loans issued compared to June 2024; a 7.8% increase compared to May in the number of loans issued – to almost 90 thousand units; a 47% decrease in the annual volume of loans issued – to 116 billion rubles; an 11% increase in the total amount of car loans issued compared to May 2025.
The leaders in the number of loans provided for the purchase of a car were the largest regions of the country – Moscow Region, Moscow, Tatarstan, St. Petersburg, Krasnodar Region.
What happened with the issuance of other types of loans in the first month of summer?
Another credit bureau (OKB) has revealed the behavior of borrowers at the end of June across the entire retail lending segment: Russians took out loans in banks 2.8 million loans for 820 billion rubles. Statistics show that:
Number of issued per month credits increased by 1%, the amount by 7%; in annual terms, on the contrary, a decrease in the number of loans received by 55%, the volume by 59% was recorded; the most popular among Russians were mortgage loans – 35% of the total number, cash loans – 31%, car loans And credit cards – 16% each; Moscow and the region, St. Petersburg, Krasnodar and Tatarstan were also leaders in the number of loans issued.
“Russians were reluctant to take out loans in June due to high interest rates and the expectation of a decision by the Central Bank of the Russian Federation: this position turned out to be justified, since already in July the regulator reduced the key rate by 2 percentage points, which led to banks revising their terms,” the expert shared.
However, experts agree that mortgages and car loans will become maximally accessible to Russians no earlier than spring 2026. There is no point in expecting a sharp reduction in rates – banks will act cautiously, trying to both support demand and mitigate the risks caused by the low solvency of the population.
09:00 12.08.2025
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