Consumer Lending in Russia
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Despite the ongoing economic and financial crisis, which Russia started experiencing from mid-2014, consumer lending performed positively in Russia in 2017. The weak economic environment continued to constrain the development of consumer lending in the year, which had a major impact on both consumers and lenders. Despite the fact that consumer confidence remained weak and real income rates were low, Russians showed an increasing tendency to borrow. This might be explained by declined interest ra...
Euromonitor International's Consumer Lending in Russia report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Consumer Credit, Mortgages/Housing.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
the Second Year of Positive Performance for Consumer Lending in Russia
Non-performing Loans Are Declining
New Waves of Loans With Interest Rate Reductions
Mortgages/housing Registers Stronger Growth Than Consumer Credit in 2017
Consumer Lending To Perform Positively Over the Forecast Period
Governmental Support To Boost Auto Lending
One of the Main Lenders Stops Offering Federal Supplemental Education Loans
Durables Lending Is A Seasonal Banking Product
the Largest Local Retail Banks Dominate Consumer Credit in Russia
Oligopolistic Effect Is Evident As Players Compete With Lower Interest Rates, Better Product Quality and More Flexible Payment Terms