Car Loan Issuances in Russia Grew to Historical Maximum

The number of car loans issued in Russia jumped by 27 per cent in March 2021 and reached 77.9 billion rubles, RIA Novosti reports with reference to the Equifax credit bureau. 

It is noted that the number of loans issued for the purchase of a car in early spring increased by 19.3 per cent, to 78 thousand cars. As a result, the volume of the portfolio of car loans of Russian banks in March 2021 increased by 1.6 per cent, to 915.2 billion rubles, and the number of loans increased by 1.4 per cent, to 1.66 million cars.

Ru-Main, 07.05.2021 

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *