The most stringent restrictions are set only for loans with a DTI over 80% (no more than 5% of issued loans for mexico telegram data banks and 10% for microfinance organizations). That is, regulation affects the financial availability of loans for the most indebted citizens, for whom it is really dangerous to take out new loans.
The Central Bank doing to reduce the share of risky borrowers?
— We are gradually using macroprudential measures (they tighten requirements for banks to lend to potentially risky borrowers. — Ed.). As a result, since the end of 2022, the share of borrowers with a debt burden ratio of more than 80% has fallen almost threefold — to 13%. But this is only in new loans. In the overall portfolio of banks, the share of such borrowers remains high. For example, the share of clients with a DTI of more than 50% is 56%. It is gradually decreasing, but still remains high.
“THE MAIN THING IS THAT A PERSON CAN WITHSTAND THIS LOAD”
— Why does the Central Bank pay so much attention to this? After all, these are essentially problems of individuals. Whoever failed, the Central Bank is not to blame?
As we have found out, Russians are already
using loans quite en masse. Our goal is to prevent problems of vulnerable citizens in advance. In general, the economy is doing well now. Last year, nominal wages grew by 13%. The retail portfolio navigating the new frontier: challenges and opportunities increased by 23%. This is not critical. But there is a nuance. When the economy is doing well, there is work, wages are growing, then people with a high debt burden alb directory can cope with it. During crises, everything changes. We saw this during the pandemic. Then there were many applications for credit holidays. And the biggest problems were faced mainly by people with a high debt burden and gray income.