VTB: the volume of consumer loans increased by 63%

1311
1
AK&M 09 October 2026 11:51

According to VTB's preliminary estimate, in the first eight months of 2026, Russian banks provided almost 3.5 trillion rubles in cash loans to retail customers. This is 63% higher than the result for the same period last year, the bank said in a statement.

Sales of consumer loans in Russia in August exceeded 500 billion rubles, which is almost comparable with the July figures and 40% more than a year ago.

VTB increased sales of cash loans by almost half in eight months, to 394 billion rubles. During this period, clients have issued about 1 million loans.

According to VTB forecasts, the volume of cash loans will grow by 66% by the end of the year to 5.9 trillion rubles.

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 office in India, and a branch office 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.