Translartion. Region: Russians Fedetion –
Source: Central Bank of Russia –
The corporate portfolio grew by 0.1% over the month after a 1.2% contraction in January. The dynamics of lending were still held back by large budget expenditures: companies that received compensation for government contracts needed loans less.
Mortgages increased by 0.2% after a seasonal contraction in January (-0.2%). The consumer loan portfolio continued to shrink (-0.9% after -0.3% in January) amid high interest rates and macroprudential restrictions.
Household funds in banks grew by a significant 1.9% after a typical January decline (-0.8%). The growth was supported by the retention of attractive deposit rates. Company funds remained almost unchanged (0.1%) after a moderate inflow in January (0.5%).
The sector’s profit fell by a quarter compared to January’s result, to 214 billion from 286 billion rubles, due to increased operating expenses and negative currency revaluation.
Read more in the information and analytical material “On the development of the banking sector of the Russian Federation in February 2025”.
Preview photo: Vladimir Smirnov / TASS
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect
HTTPS: //VVV.KBR.ru/Press/Event/? ID = 23485