Banks Reduce Lending To Individuals

Reform.news Editorial Team · 30 March 2026, 15:12

https://reform.news/en/banks-reduce-lending-to-individuals/

In February, banks issued loans to individuals worth 1.23 billion roubles, 150 million more than in January. Compared with February last year, the volume of lending fell by 9.1%. These figures were published by the National Bank of Belarus.

For the first two months of the year, lending to individuals declined by 19.5% to 2.3 billion roubles.

Consumer lending in January-February fell by 22.4% to 1.86 billion roubles. Lending for real estate purchases dropped by 13.9% to 457.5 million roubles.

Household debt on loans increased by 141.4 million roubles in February and stood at 29.92 billion roubles as of March 1. Compared with a year earlier, household loan debt increased by 11.8%.

Debt on consumer loans rose by 12.7% to 11.78 billion roubles, while debt on real estate loans increased by 11.2% to 18.11 billion roubles.

As of March 1, individuals had overdue loans worth 51.8 million roubles, 1.1 million more than on February 1. Compared with a year earlier, the volume of overdue debt increased by 7.6 million roubles.