The Bank of Russia has made a number of decisions on macroprudential requirements for unsecured consumer loans. This is stated in the press service of the Central Bank.
For the first quarter of 2025, the Central Bank retained the values of the macroprudential limits (MPL) on unsecured consumer loans set for the fourth quarter of 2024.
The regulator has reduced the risk factor allowances for unsecured consumer loans.
The effect of macroprudential restrictions improves lending standards — the share of unsecured consumer loans issued with a PD of more than 50% decreased from 63% in the fourth quarter of 2022 to 28% in the third quarter of 2024 (in the portfolio — from 64% to 49%).
At the same time, the leading indicators (the share of loans overdue by 30 days after 3 months from the date of issue) show stabilization of the quality of loans after some deterioration in early 2024, the Central Bank emphasizes.
