UrBC, Yekaterinburg, May 22, 2019. The share of overdue debt (30+ days) on consumer loans issued to Sverdlovsk Region-based borrowers dropped by 0.8%, down to 20.8% of the overall amount owed in Q1’19, the National Credit History Bureau reports.

In Russia on the whole, the share of bad debt declined by 1.7% in the first quarter of 2019 against one year earlier and came to 20.2%.

‘Even though the share of overdue payments kept going down throughout 2018, there is still quite a lot of bad debt in the consumer lending sector, despite the fact that creditors keep monitoring both the quality of new loans and their existing borrowers’ risk profiles closely. The important thing is, the National Credit History Bureau’s new data and solutions allow creditors to carry out a more detailed assessment of their borrowers’ risk profiles and manage their risks efficiently,’ says the Bureau’s Director-General Alexander Vikulin.

At the moment, Khanty-Mansiysky Autonomous Region, Moscow, Moscow Region, and Tatarstan are the top four federal constituencies with the smallest shares of overdue consumer loan debt (11.5%, 15%, 16.9%, and 17.1%, respectively).

Irkutsk Region, Kemerovo Region, and Krasnoyarsk Territory are the top three federal constituencies with the largest shares of overdue consumer loan debt (27.7%, 25.2%, and 24.9%, respectively).