The Bank of Russia did not review macroprudential surcharges on corporate loans (for increased requirements for large companies with high debt loads, as well as for foreign currency requirements). This is stated in the press service of the regulator.
The Central Bank notes that banks' total claims against corporate clients in foreign currency (loans and bonds) increased by 6.1% in the first half of 2025.
As a result, after a long period of decline, the value of the corporate portfolio increased by 0.4 percentage points, to 11.9%, as of July 1, 2025.
Nevertheless, the regulator does not trace the trend towards purposeful activation of foreign currency lending by banks. The increase in loans was driven by the influx of foreign currency deposits from corporate clients, while banks lowered the rates on yuan deposits for both corporate and retail clients.
Therefore, now there is no need to create incentives for devaluation due to surcharges on banks' requirements in foreign currency, the Central Bank emphasizes.
Since April 1, 2025, a macroprudential surcharge (20%) has been applied to increase banks' claims against large companies with a high debt burden.
In April-May 2025, credit institutions formed a macroprudential capital buffer in relation to the increase in credit requirements for such companies in the amount of 8 billion rubles (requirements for almost 30 legal entities fell under the macroprudential surcharge).
The regulator considers it advisable to continue gradually accumulating a macroprudential capital buffer for large companies with loans.
