110,000 RUR worth of loans per capita registered in Sverdlovsk Region
11 December 2014 (09:19)
December 11, 2014. There is an average of 110,000 RUR worth of loans per capita in Sverdlovsk Region, the local human rights ombudsperson Tatiana Merzlyakova said at a press conference.
‘The Mid-Urals’ residents have been borrowing on an enormous scale: there is an average of 110,000 RUR worth of loans per resident at the moment. In fact, this figure does even account for some of the micro-financing organizations, which haven’t been reporting to the state. The actual figure is thus even higher,’ she said.
According to Merzlyakova, the increase in the amount of loans resulted in a dramatic rise in the number of complaints local residents have been placing against their banks: the complaints stem from both the populations’ poor financial literacy and the banks’ lax attitude to compliance with the existing legislation.
‘The Mid-Urals’ residents have been borrowing on an enormous scale: there is an average of 110,000 RUR worth of loans per resident at the moment. In fact, this figure does even account for some of the micro-financing organizations, which haven’t been reporting to the state. The actual figure is thus even higher,’ she said.
According to Merzlyakova, the increase in the amount of loans resulted in a dramatic rise in the number of complaints local residents have been placing against their banks: the complaints stem from both the populations’ poor financial literacy and the banks’ lax attitude to compliance with the existing legislation.
 | Embed to Blog |  | Subscribe to Newsletter |  |