cross-posted from: mander.xyz/post/48748214
Bad debts held by Russian households exceeded 2.4 trillion rubles ($30.2 billion) in 2025, rising by about a third from a year earlier, according to Russian Central Bank data cited by the pro-Kremlin daily Izvestia.
The increase pushed the share of non-performing loans to nearly 7% of banks’ retail lending portfolios, up from 5.7% the previous year.
Under Russia’s banking risk classification system, “bad” loans are considered unrecoverable and banks must set aside provisions equal to 100% of the loan value.
The data point to growing strains in Russia’s consumer lending market as household borrowing continues to rise. Total household debt to financial institutions increased by 1.1 trillion rubles over the year to reach 38 trillion rubles ($480 billion), Izvestia reported.
The deterioration was most pronounced in unsecured consumer lending, where the share of non-performing loans rose to 13% from 9% a year earlier.
…