MIL-OSI Russia: Financial News: Corporate Portfolio Returns to Moderate Growth in March

Translartion. Region: Russians Fedetion –

Source: Central Bank of Russia –

Corporate lending accelerated to 0.9% after a subdued pace in February (0.1%). Companies took out loans, including to pay taxes.

The population’s mortgage debt increased by 0.2% after 0.1% in February. The 13% growth in loans was mainly due to state programs. The consumer loan portfolio continued to shrink in March (-0.3%), but more slowly than a month earlier (-0.9%).

Corporate funds in banks decreased by 2.8% after a weak growth in February (0.1%). The main outflow occurred in the last ten days of the month due to the transfer of taxes to the budget. The inflow of funds from citizens slowed down to 0.8%.

The sector’s profit amounted to 244 billion rubles, which is 14% more than in the previous month.

Read more in the information and analytical material “On the development of the banking sector of the Russian Federation in March 2025”.

Preview photo: Kirill Kukhmar / TASS

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