VTB: the car loan market has increased by almost 30% since the beginning of the year

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AK&M 09 October 2026 11:55

According to VTB estimates, in January-August, Russians borrowed about 1.24 trillion rubles from banks to buy cars, which is almost 30% more than in the first eight months of 2025. This is stated in the message of the bank.

The volume of disbursements in August increased by 10% compared to July and amounted to about 182 billion rubles.

In Moscow and the Moscow region, VTB issued more than 24.5 billion rubles for the purchase of cars in eight months of the year. Saint Petersburg with the Leningrad region and Krasnodar Region received 9.3 billion and 5.1 billion rubles from the bank, respectively.

Since the beginning of the year, VTB customers have bought 57% more new passenger cars compared to January-August 2025 — almost 42 thousand units.

VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. The Group has subsidiaries and associated banks in Armenia, Belarus, Kazakhstan, Azerbaijan, Vietnam, a branch in India, and a branch and representative office in China.

VTB Group's net profit under IFRS for the first half of 2026 amounted to 225.2 billion rubles.

On November 20, 2024, the AK&M rating agency awarded VTB Bank's sustainability reporting the highest rating.

On July 31, 2025, the AK&M rating agency confirmed the highest rating of VTB Bank's non-financial statements.