Translation. Region: Russian Federal
Source: Central Bank of Russia –
The number of CPCs in the first quarter decreased by 6%, to 1247 cooperatives. 86 CPCs were excluded from the register, 45 of them for repeated violations of the law.
Significantly reduced cases of fictitious build-upnumber of shareholders to obtain the right to work with maternity capital. The number of credit cooperatives operating in this segment, stabilized.
Activity in the CPC market continued to decline in Q1. The volume of loans issued has been declining over the past three quarters and approached 2020 levels, amounting to 13 billion rubles. The loan portfolio decreased following the reduction in issuances — to 45.6 billion rubles. Market concentration is increasing — the top 50 companies form 73% of the total loan portfolio.
Read more in the publication “Trends in the consumer credit cooperative market” for the first quarter of 2025.
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