The volume of retail loans issued in Russia increased in August 2026

At the end of August 2026, the total volume of retail loans issued in Russia increased by 13.7 percent compared to the same period in 2025. Kommersant reports a noticeable increase in the indicator with reference to Frank RG express monitoring data.

Over the last month of summer, the issuance of this type of loans on the domestic market reached 1.096 trillion rubles. The result exceeded the July figure by 3.2 percent, analysts said.

Overall, in the first eight months, the volume of loans issued jumped 1.4 times year-on-year, to 7.8 trillion rubles. The main contribution was made by cash loans - almost 515 billion rubles, experts stated.

Market participants cite the prolonged easing of monetary policy by the Central Bank (CB) as one of the main reasons for the growth in demand for loans. The prolonged reduction in the key rate also pulled down the market prices. As a result, loans have become more accessible compared to the period when the Central Bank rate was at a record high.