
Corporate lending and mortgages showed a slight increase.
In July household mortgage debt increased by 0.7%. This corresponds to the average growth rate for the first half of last year. The volume of new mortgage lending rose by 15%.
The consumer loan portfolio continued to shrink. It fell by 0.5% after a 0.8% decline the previous month. Despite a gradual decline in rates, their level remains high and is restraining demand.
As for business lending, the volume of banks' claims on companies (including investments in bonds) grew by 1.1%. About a third of the increase was accounted for by residential developers.
Household deposits in banks increased by 1.3%, comparable to June. Corporate deposits rose by 1.4%. This was driven by advance payments on government contracts.
Другие Новости Кирова (НЗК)




Corporate lending and mortgages showed a slight increase.
The Bank of Russia reported on trends observed in various types of lending in July.