The share of overdue consumer loans increased by a quarter over the year

As reported by TASS, referring to the National Bureau of Credit Histories (NBCH), most of all the increase in delinquencies is noted in the segment of consumer lending. The share of overdue microloans increased by 3.9 percentage points. up to 26.9%, for credit cards - by 0.3 percentage points. up to 7.2%. But on mortgage, on the contrary, it decreased - by 0.1 percentage points. up to 1.3%.

The NKBI notes that this level of delinquency can be called “relatively low”.

"The relatively low level of delinquency, especially in secured lending, indicates that banks continue to closely monitor the situation with the credit risks of their clients. As a rule, credit products are provided only to those citizens whose level of debt burden and the value of the personal credit rating (PCR) are at the proper level", - said Alexey Volkov, NKBI Marketing Director.

The bureau pointed out that the low share of delinquency is due to the restructuring of "problem" loans by banks. Otherwise, the number of overdue debts would be much higher.

Meanwhile, the total volume of bad loans issued by banks last year rose to 4.093 trillion rubles, or 572 billion rubles. During the pandemic, corporate clients did not pay 349 billion rubles on time. Individuals have overdue payments of 168 billion rubles. Banks did not pay 59 billion rubles on time on loans to each other. Loans that have not been paid for 90 days or more increased by 59 billion rubles in January 2021. The delay reached 4.152 trillion rubles.

According to experts, this is only the “tip of the iceberg” of the so-called “bad” loans in the banking system.

It's worth reminding that earlier the Central Bank warned Russian credit organizations that about 20-30% of loans restructured in 2020 could become problematic for banks this year. The regulator advised banks to increase reserves to 2% of the loan portfolio.