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08:33 (UTC+5), 19 November 2024

Consumer loan issuance decreased by quarter in October in Bashkiria

Tatyana Aksyutina

In October, consumer loan issuance in Bashkiria decreased by 26% compared to the previous month.

According to the United Credit Bureau, if residents of the republic received 67.4 thousand cash loans in September, in October, it would be 50 thousand. Their total volume decreased from 11.28 billion rubles to 7.62 billion rubles.

In August, more than 87.2 thousand non-targeted loans were issued in the region, totaling over 14.74 billion rubles.

The average consumer loan bill in the republic was 167 thousand rubles in September and 152 thousand rubles in October.

The average loan term in September was 2 years 5 months, in October — 2 years 3 months.

The total cost of credit in the cash segment in September was 29.43%, in October 30.22%, and in early November, the APR — was 30.20%. According to rough estimates, using a loan of 160 thousand rubles will cost the borrower 100 thousand rubles.

As for targeted loans, the issuance of mortgages in the region decreased by 19% in October, and car loans decreased by 34%.

Author: Elina Akhmetova

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