A negative trend is observed in the country’s credit market – the number of expired loans is increasing. This is the first time since the crisis of 2009. Given the current European debt crisis, domestic experts predict great difficulties to the Banking Sector of Russia. It is likely that a measure of protection of financial organizations will be raising bets on all types of loans in the very near future.
The growth of the volume of credit “delay” is one of the signs that indicates that the financial sphere of the country still cannot avoid the second wave of the crisis. The first harbinger of these phenomena can be considered the growth of deposit rates, which started in the fall of the previous year and continued for several months of the year. Raising the cost of deposits is associated with an acute lack of liquidity. The cause of the situation in the banking sector was the European debt crisis and, as a result, a tangible reduction in foreign funds.
Less than a week ago, the National Bureau of Credit Stories (NBKS) published data on the monetary terms of overdue payments by citizens of the country for credit obligations they have taken by. The amount of “delay” amounted to 427.5 billion rubles. In addition, if over the past pairs of years, the number of borrowers who delayed credit payments by more than two months (over sixty days) gradually decreased, then this indicator began to actively move in the opposite direction for the relatively small period of time.
In the black list, the timeliness of paying debts on loans were car loans and loans provided to bank card holders. Speaking more specifically, the volume of car loan debts increased by twenty -two percent, and on card loans – by thirty -two percent. The growth of mortgage and smaller consumer loans is less rapid. This is partly due to the fact that credit organizations in a timely manner increased the relevant rates, compensating for the lack of liquid funds in advance. If in the previous year the domestic credit market could boast of a stable decrease in loans, then the New Year began with a gradual increase in the designated indicators of the well -being of the financial situation of the country’s banks. And such a trend continues.
In order for your deposits to bring the most possible benefit, get acquainted with the current situation in the deposit market.
