More than 5 million Russians difficult to service the debt. Their debt load is more than 60% of revenue. This is considered a critical indicator. According to the Bank, the most akreditavimo are borrowers from the Kemerovo, Tyumen, and Novosibirsk regions.
5-6,5 million Russian citizens have difficulty servicing loans, said on the “round table”, Deputy Director of marketing at National Bureau of credit histories (nbki) Vladimir Shikin. The reasons for the arrears, he called the unreliability of the borrowers and the lack of financial capacity to service current debt obligations. According to NBCH, are not able to make payments on loans of 3 million people. Approximately 8% of all borrowers. Their current debt burden exceeds the level of 60% (monthly payments on all existing loans account for over 60% of revenues). In NBCH think this figure is critical.
According to NCB, the largest share of the delay observed in the segments of credit cards (25%) and consumer lending (over 20%). In the segments of loans and mortgage arrears are 11% and 5%, respectively.
According to Vladimir Kuznetsov, the share of overdue loans remained at 16%, while the number of new loans increased in the first quarter of 2017 were issued to 6 million credits, while last year just over 4 million.
In may the company “Sequoia Credit consolidation” also cited statistics that suggests that the Russians got too much credit. Almost every fifth loan in Russia is overdue, and the share of bad loans exceeded the indicators of the crisis in 2009, the company said.
About 59% of borrowers have more than one loan, and each economically active Russians have credit institutions in the Republic of Uzbekistan 146.3 average of about thousand roubles, writes “Sequoia”.
Over the past five years a financial burden on the citizens has nearly tripled.
Acknowledging that problems exist and the Central Bank. The number of borrowers that have more than one loan, significantly and varies from 39,2 to 34.3%, according to the “financial stability Review” Bank of Russia said Friday. According to calculations of the Central Bank, on average, one borrower accounted for more than 1.6 existing credit agreement.
“Data is the largest BKI (Bureau of credit histories) show that the number of borrowers that have more than one loan, significantly and varies from 39,2 to 34.3%”, — stated in the material regulator.
According to the Bank, the most akreditavimo are borrowers from the Kemerovo, Tyumen, and Novosibirsk regions. In these areas per borrower for 1.7 of the credit agreement.
“Sequoia Credit consolidation” the problem and classifies the other regions. According to the company, the average debt per capita of the economically active population in the Khanty is 299,7 thousand RUB, in YANAO — 293,8 thousand roubles, in Tyumen region — 282,6 thousand rbl., in Sverdlovsk region — to 164.1 thousand roubles, in Perm region — 161.4 m thousand roubles, in the Chelyabinsk region — 144.7 thousand RUB, in the Kurgan region — 131,1 thousand RUB
However, according to the research of the Ranepa, the level of debt load of Russians is not in the critical zone. More than a third of citizens monthly mortgage payments in 2016 amounted to 10-25% of their income. At 26.2 percent of borrowers — 25-50%, 9.2% of Russians — within the permissible 50-75%.
Experts also do not consider the level of debt of the Russians is critical. According to the chief economist of the Eurasian development Bank (EDB) Yaroslav Lisovolik, compared to other countries our performance is not critical. Agree with him chief economist at Alfa Bank Natalia Orlova. Debt of Russians in Russia is estimated at 12% of GDP. “In developed countries the debt levels of 60 to 80% of GDP, so the growth potential the market has,” says Orlov. However, according to her, Russia is a relatively small percentage of mortgages, whereas in developed countries the mortgage accounts for almost 90% of the loan portfolio.
Experts hope that level of debt load of Russians will not be much to grow. After the crisis of 2014-2015, banks have become more cautious to lend, so the level of debt load of Russians will fall. At the same time in the near future, banks will become more careful. The Central Bank to combat the debt load of Russians plans to consolidate data in one database, the largest Bureau of credit stories. This will enable banks to obtain as much information about clients ‘ debt burden.
According to the Deputy Director of Institute “the development Center” GU-VSHE Valery Mironov, if the debt load of Russians will grow too fast, you will need to constrain it, introducing rules increased reserve requirements for banks to be unprofitable to give new loans.
“Often people are so irrational, take out loans to repay existing debt, not to assess their capabilities, and there has to be concerted collaboration of the authorities and market participants.
Only this approach can give long-term results, since the various restrictions and tightening lead to growth of the informal sector, which is unacceptable,” — said the acting head of the Republic of Karelia, Artur Parfenchikov.
