Banks increased lending to individuals in September. They issued loans worth 2.09 billion rubles during the month, 90 million rubles more than in August. Monthly lending has remained above 2 billion rubles for the second consecutive month. Compared with September last year, the volume of loans issued rose by 52.6%. The figures were published by the National Bank of Belarus.
Overall, in the first nine months of the year, banks issued 14.84 billion rubles in loans to individuals, an increase of 24.1% compared with the same period last year.
Consumer lending rose by 22.6% in January–September, reaching 11.54 billion rubles. Lending for property purchases increased by 29.5% to 3.3 billion rubles.
Individuals’ outstanding loan debt increased by 771.5 million rubles in September, reaching 33.86 billion rubles as of October 1. Over the year, household loan debt rose by 17.6%.
Outstanding consumer loan debt increased by 24.7% to 14.24 billion rubles, while debt on property loans rose by 12.9% to 17.35 billion rubles.
As of October 1, individuals had overdue loans totalling 58.4 million rubles, 1.1 million rubles less than as of September 1. Over the year, overdue debt increased by 7.2 million rubles.