OREANDA-NEWS  From October 2024 to April 2025, the total volume of credit card delinquencies in Russia increased by almost 70 percent and reached 110 billion rubles. This is reported by the newspaper Izvestia, citing data from the United Credit Bureau (OKB).

During the reporting period, the share of overdue loans reached three percent of all bank customers' liabilities for this type of product. Negative dynamics began to be observed in the domestic market last year, and at the beginning of 2025, the situation with the risks of non-payments worsened against the background of a sharp deterioration in the quality of loan servicing, said Mikhail Aleksin, head of OKB.

Oleg Abelev, head of the analytical department of the Rikom-Trust investment company, attributed this trend, among other things, to a drop in the solvency of Russians due to high inflation. According to the results of the first quarter of 2025, the growth rate of consumer prices in the country amounted to 8.3 percent in annual terms.