Borrowers of microfinance institutions (MFIs) have past due payments on the 4.4 million loans more than 90 days is 40,7% of all loans “to wage”, calculated from the credit history Bureau “Equifax”.
the Share of overdue loans in April was the highest with 2016. According to the forecast, by the end of the year this figure could reach 37-44%. The size of the “loan to paycheck” does not exceed 30 thousand rubles for a period up to 30 days.
the Amount of early arrears (up to 30 days) at the end of April increased 32.5% to RUB 4 billion This increase is due to two factors – on the one hand the increasing number postroennyh loans (+3.5%) and on the other hand, with the fall the amount of loan portfolio of MFI (-3,1%), explained the General Director of BCI “Equifax” Oleg Lagutkin.
other types of loans in April noted a much higher growth rate early overdue debt: car loans (+37%), POS loans (+60,4%).
In April, the retail portfolio has decreased in quantity and money — 3% to 11.13 million loans and 3% to 149,65 billion rubles in overdue debt in March increased by 48.6 per cent to 50.1 billion rubles, and the share of overdue loans in the total debt increased by 5.1 percentage points to 32.5 per cent.
According to the Bank, even before the crisis and the pandemic, about 54% of microloans took the Russians are spending on debt repayment, more than 50% of the monthly income. Now the situation has got worse for many income decreased during the quarantine and they can’t repay the loans.
the debt burden of households for the quarantine period to 1 April 2020 rose sharply to a record high of 10.9 per cent, calculated by the Bank of Russia. This indicator is calculated as a percentage of required loan payments to disposable income of the household.
the share of risky loans in the portfolio of creditors is 23%. By the beginning of 2020, the proportion of non-performing over 90 days unsecured toreditab of Russians in the whole banking system declined to 7.5% and became the lowest level since 2012, and mortgage loans up 1.3%.
on the whole, the quality of the loan portfolio is quite stable, said the Central Bank: the share of loans overdue more than 90 days is 7.9% for unsecured consumer loans and 1.4% for mortgage loans on April 1, 2020.
But this is accompanied by a growing share of restructured loans (1.2% of existing contracts for the period from March 20 to may 13). The Bank of Russia provided banks with an opportunity within six months to form additional provisions for restructured loans.
