Russians wishing to take out a loan were given important advice
Quick Look
- In September 2026, 4.05 million retail loans were issued in Russia, which is 1.8 percent lower than August figures.
- According to NBKI experts, the reduction is due to the tightening of the regulator’s monetary policy.
AI-generated summary
Why It Matters
The regulator tightened monetary policy in order to cool the credit market.
In September 2026, 4.05 million retail loans were issued in Russia (consumer loans, POS loans, credit cards, car loans and mortgages). The National Bureau of Credit Histories (NBKI) reported this to Lenta.ru.
The achieved result was 1.8 percent lower than that recorded in August. Then we were talking about 4.13 million loans.
Most of all such loans were issued last month in Moscow (283.6 thousand), Moscow region (222.4 thousand), Krasnodar Territory (162.6 thousand), St. Petersburg (139 thousand), and Tyumen region (132.4 thousand).
Commenting on this dynamics, NBKI Marketing Director Alexey Volkov stated that the issuance of retail loans, in general, continues to remain at a fairly low level. Compared to the same period in 2024, the number of loans provided to citizens by banks fell by 13 percent in September 2026. This is due to the fact that the regulator tightened monetary policy to cool the credit market.
“Currently, we can talk about a continued weak appetite for risk on the part of banks, which place high demands on the quality of citizens’ credit histories, reducing the risk of future delinquency,” Volkov said.
In such a situation, he advised potential borrowers to closely monitor their credit history and prevent it from deteriorating.
Open Questions
- What will be the loan issuance indicators at the end of October?
