06 February 202009:10
Sverdlovsk Region: Micro-Loan Amount Up 5.1%
UrBC, Yekaterinburg, February 6, 2020. The average micro-loan amount issued to a Sverdlovsk Region-based borrower came to RUB 8,383 in the last quarter of 2019 (up 5.1% on one year earlier, when the figure was RUB 7,978), the National Credit History Bureau’s research findings indicate. In Russia on the whole, the average micro-loan amount rose by 7.7% in QIV’2019. The trend was for the smallest loan segment (under RUB 10,000) to go down, with a 12.5% drop in the last quarter of 2019 against the last quarter of 2018. ‘The increase in the average micro-loan amount has to do with the shrinking