In January-May 2023, the demand for loans decreased markedly compared to the same period of the previous year. The decline was seen most in the commercial lending category, with online inquiries falling 57%. This is evidenced by the results of the Vyberu.ru study, RB.RU got acquainted with the results.

Demand for business loans has halved

A notable cooling is observed in the category of consumer loans – a fall of 25%, and credit cards – by 30%. The smallest drop was recorded in the direction of auto loans – 2%.

The executive director of the financial market, Yaroslav Bajurak, explained the fall by the fact that now many companies have adapted to the changes, found alternative resources and rebuilt supply chains, the need for business loans has decreased significantly.

At the same time, auto loans, despite the sanctions, almost did not lose their relevance, the drop in demand was insignificant.

Author:

karina pardaeva

Source: RB

Previous articleSpain joins NASA for moon mission
Next articleApple’s worst smartphone named in early 2023Phones10:50 | 31 May 2023
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here