Translation. Region: Russian Federal
Source: Central Bank of Russia –
The microfinance organization (MFO) market has shown signs of a cooling in lending. Increased interest rates and the effect of macroprudential limits contribute to a balanced growth of the companies’ portfolio.
In the first quarter of 2025, the volume of loans issued by microfinance organizations decreased slightly and amounted to 497 billion rubles. The total debt for the quarter increased by 10% – to 688 billion rubles. The share of overdue debt for more than 90 days continues to decrease, while there is an increase in overdue debt of less than 3 months.
MFI profits have decreased to 13 billion rubles. To maintain profitability, companies are increasing income from non-core activities, while clients are increasingly less likely to complain about the imposition of additional services by MFIs.
Read more in“Review of key indicators of microfinance institutions” for the first quarter of 2025.
Preview photo: Donat Sorokin / TASS
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