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The share of overdue microloans increased in Russia
Russians began to allow delinquencies on microloans more often. According to Equifax credit history bureau, the share of such loans increased by 2,7 percentage points - up to 40,7%.
According to RIA News, the number of overdue loans increased from 4,37 to 4,52 million, and their total amount - by 3,3% to 51,3 billion rubles. Growth was the highest in recent years.
Experts attribute this to two factors. On the one hand, the number of overdue loans increased by 3,5%; on the other hand, the volume of the loan portfolio of MFIs fell by 3,1%. In total, microfinance organizations in Russia issued 11,13 million loans totaling 149,7 billion rubles.