The average rate on loans in Russia in the second quarter fell to 16.2-33 percent 17-34,6 percent in the first quarter. The most significant reduction by 24 percentage points observed in consumer loans without collateral in the amount of from 30 to 100 thousand rubles for a period from two to six months. On Tuesday, August 16, according to the Central Bank. In the second quarter of 2015, rates have been at the level of 17.2-42.3 per cent.
In April-June decreased the cost of consumer loans provided by microfinance institutions. The declining trend in value of individual categories of loans in the market of microfinance has been observed since the second half of 2015, to the materials of the Central Bank.
15 August, the National Bureau of credit histories announced that the recommended size of the family income to service a mortgage loan in Russia in the first half of 2016 fell to 73.2 thousand rubles.
On July 29, the Board of Directors of the Bank of Russia took a decision to keep the key rate unchanged at 10.5 percent per annum. The indicator influences the formation of interest rates on loans to credit institutions, as well as inflation and exchange rates.
