Banks cut consumer loans by a quarter in 2020
January 20, 2021
MOSCOW, 20 Jan – PRIME. Russian banks in the past year issued 14.57 million consumer loans, which is 25.9% less than a year earlier, according to a study by the National Bureau of Credit Histories (NBCH). Banks sharply reduced loan approval “According to 4 thousand lenders transmitting information to National Bureau of Credit Histories (NBCH), in 2020, 14.57 million consumer loans…