Apparently, due to the fact that in April was the most restrictive measures, citizens found it difficult to meet their loan obligations, – said Danilov. In June, the situation in most banks has improved. This may indicate that the rate of deterioration, growth delay, height restructurings will really decline.

According to the CBR, the share of bad loans (overdue by more than 90 days) increased from 7.5% at the beginning of the year to 8.6% for June 1. According to Elizabeth Danilova, this is partly due to the fact that banks actively restructuring loans. On its own initiative, and according to the period of the pandemic, 106-FZ, which obliges to restructure loans of borrowers facing a significant drop in income. The share of restructured unsecured loans are now around 4%, while growth of this share is slowing.

Economist Evgeny Nadorshin is less optimistic. During the conference he drew attention to the fact that in the crisis of 2020, the majority of Russians are without airbags. The possibility to form many have no savings, so the credit activity is not associated with growth in consumer demand, and the fact that people have no other choice. They are forced to take loans, you can be insolvent, but because of the large number of restructurings that is not visible.

the Fact that the majority of Russians did not make savings and do not have the financial “safety cushion” in case of job loss, confirmed the June survey NAFI. Every second Russian has faced serious financial difficulties in the period of the pandemic. A survey conducted shortly before coronaries showed that in case of loss of main source of income for 42% of Russians would pay all necessary expenses (excluding loans from family and loans) within one month, a quarter – less than three months. The average loss of savings of Russians will be enough for 63 days.

In may banks issued almost 45% fewer consumer loans in comparison with may of last year. In comparison with April 2020 the marked increase in the issuance of 22.4%, considered in the NCB.

– Risk management, banks still maintains a conservative approach when lending to citizens, in April and may consumer credit was extended only to those whose level of debt and the value personal credit rating remained at a high level. And the number of appeals of the citizens for loans in April-may 2020 fell by more than 70%. This means that people choose tactics to reduce their debt burden, limit consumption and, consequently, a more cautious attitude to the adoption of the debt – said the marketing Director of nbki Alexey Volkov.

non-Earmarked loans OS��are the most popular retail products. As noted in VTB, they often take on the repairs in the apartment, buying expensive equipment, furniture or car.