Delinquent personal loans 7.4% of overall in April, loans to companies 6% - CB
MOSCOW. May 28 (Interfax) - Russian banks saw the proportion of past-due personal loan debts maintain at 7.2% in April, while past-due loans to non-financial organizations increased to 6.0%, Alexei Simanovsky, director of the Central Bank's department for bank regulation and oversight, told reporters on the sidelines of the International Banking Conference in St. Petersburg.
"The proportion of past-due debt in the aggregate credit portfolio, including Sberbank of Russia , was 5.4% on May 1," Simanovsky said.
On the first of April, delinquency in the personal-loan portfolio was 7.4%, of loans to companies - 5.8%, he said.
The Bank's First Deputy Chairman Gennady Melikyan told reporters that banks (excluding Sberbank) had increased their combined credit portfolio to private borrowers by 1% and to companies by 1.7% in April.
"I can't say that delinquency is falling, but its growth has almost stabilized," Melikyan said.