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14/02/2014
09:45
Average rate on retail loans for up to 1 year moves down to 23.5%

In December 2013, the average weighted rate on retail ruble loans provided by Russian banks for a term of up to 1 year decreased to 23.5% p.a. from 24.1% in November, according to the website of the Bank of Russia.

The average weighted retail loan rate decreased to 16.6% from 17% for loans maturing in over 3 years, to 19.8% from 20.5% for loans ranging from 1 to 3 years, to 23.6% from 24.6% for loans ranging from 181 days to 1 year, to 15.7% from 16.4% for loans ranging from 31 to 90 days. At the same time, the average retail loan rate increased to 26.3% from 24.3% for loans ranging from 91 to 180 days, to 25.6% from 23.6% for loans maturing in fewer than 30 days

"AK&M", 14.02.2014

 

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